Cost of Living: Pinehurst, TX vs Newark, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Pinehurst | Newark |
|---|---|---|
| Housing Index | 90.0 | 130.5 |
| Median Home Price | $344,000 | $327,000 |
| Average Rent (2 BR Apartment) | $1200 | $2200 |
| Average Rent (2 BR House) | $1250 | $2267 |
Housing Comparison: Pinehurst vs Newark
- In Pinehurst, the median home price is higher at $344,000, while in Newark it is $327,000.
- In Newark, the rental for a two-bedroom apartment stands at $2,200, while it is $1,200 in Pinehurst.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Pinehurst | Newark |
|---|---|---|
| Electricity Price | $14.47 | $19.88 |
| Natural Gas Price | $26.29 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Pinehurst vs Newark
- Newark has higher electricity costs at $19.88 per kWh, versus $14.47 in Pinehurst.
- Natural gas is more expensive in Pinehurst at $26.29 per unit, while it is cheaper at $14.01 in Newark.
- Utility expenses are equal in both Pinehurst and Newark averaging $250.