Cost of Living: Ocean city, NJ vs Summerfield, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ocean city | Summerfield |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $600,000 | $332,100 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Ocean city vs Summerfield
- In Ocean city, the median home price is higher at $600,000, while in Summerfield it is $332,100.
- The rent for a two-bedroom apartment is equal in both Ocean city and Summerfield at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ocean city | Summerfield |
|---|---|---|
| Electricity Price | $19.88 | $13.72 |
| Natural Gas Price | $14.01 | $Data is updating |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Ocean city vs Summerfield
- Electricity costs are higher in Ocean city at $19.88 per kWh, compared to $13.72 in Summerfield.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Ocean city and Summerfield averaging $0.0.