Cost of Living: Pompton lakes, NJ vs Booneville, MS

Housing

The housing market plays a significant role in determining the cost of living.

Metric Pompton lakes Booneville
Housing Index 120.0 85.0
Median Home Price $450,000 $150,000
Average Rent (2 BR Apartment) $2300 $1200
Average Rent (2 BR House) $2400 $1280

Housing Comparison: Pompton lakes vs Booneville

  • In Pompton lakes, the median home price is higher at $450,000, while in Booneville it is $150,000.
  • Renting a two-bedroom apartment costs more in Pompton lakes at $2,300 than in Booneville at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Pompton lakes Booneville
Electricity Price $19.88 $13.42
Natural Gas Price $14.01 $22.19
Other Utilities $250 $180

Utilities Comparison: Pompton lakes vs Booneville

  • Electricity costs are higher in Pompton lakes at $19.88 per kWh, compared to $13.42 in Booneville.
  • Booneville experiences higher natural gas costs at $22.19 per unit, with costs at $14.01 in Pompton lakes.
  • Other utility costs are higher in Pompton lakes at an average of $250, compared to Booneville with $180.