Cost of Living: Pinellas park, FL vs Newark, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Pinellas park | Newark |
|---|---|---|
| Housing Index | 115.0 | 130.5 |
| Median Home Price | $297,000 | $327,000 |
| Average Rent (2 BR Apartment) | $1800 | $2200 |
| Average Rent (2 BR House) | $1870 | $2267 |
Housing Comparison: Pinellas park vs Newark
- The median home price in Newark is higher at $327,000, compared to $297,000 in Pinellas park.
- In Newark, the rental for a two-bedroom apartment stands at $2,200, while it is $1,800 in Pinellas park.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Pinellas park | Newark |
|---|---|---|
| Electricity Price | $13.89 | $19.88 |
| Natural Gas Price | $26.13 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Pinellas park vs Newark
- Newark has higher electricity costs at $19.88 per kWh, versus $13.89 in Pinellas park.
- Natural gas is more expensive in Pinellas park at $26.13 per unit, while it is cheaper at $14.01 in Newark.
- Utility expenses are equal in both Pinellas park and Newark averaging $250.