Cost of Living: Portland, IN vs Cliffwood, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Portland | Cliffwood |
|---|---|---|
| Housing Index | 85.0 | 120.0 |
| Median Home Price | $119,000 | $396,000 |
| Average Rent (2 BR Apartment) | $1200 | $2300 |
| Average Rent (2 BR House) | $1300 | $2400 |
Housing Comparison: Portland vs Cliffwood
- The median home price in Cliffwood is higher at $396,000, compared to $119,000 in Portland.
- In Cliffwood, the rental for a two-bedroom apartment stands at $2,300, while it is $1,200 in Portland.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Portland | Cliffwood |
|---|---|---|
| Electricity Price | $14.89 | $19.88 |
| Natural Gas Price | $Data is updating | $14.01 |
| Other Utilities | $220 | $280 |
Utilities Comparison: Portland vs Cliffwood
- Cliffwood has higher electricity costs at $19.88 per kWh, versus $14.89 in Portland.
- Natural gas price data is currently unavailable.
- Cliffwood has higher utility expenses, averaging $280, while Portland averages $220.