Cost of Living: Revere, MA vs Closter, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Revere | Closter |
|---|---|---|
| Housing Index | 120.0 | 130.0 |
| Median Home Price | $451,000 | $664,000 |
| Average Rent (2 BR Apartment) | $2600 | $2800 |
| Average Rent (2 BR House) | $2700 | $2900 |
Housing Comparison: Revere vs Closter
- The median home price in Closter is higher at $664,000, compared to $451,000 in Revere.
- In Closter, the rental for a two-bedroom apartment stands at $2,800, while it is $2,600 in Revere.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Revere | Closter |
|---|---|---|
| Electricity Price | $28.15 | $19.88 |
| Natural Gas Price | $21.62 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Revere vs Closter
- Electricity costs are higher in Revere at $28.15 per kWh, compared to $19.88 in Closter.
- Natural gas is more expensive in Revere at $21.62 per unit, while it is cheaper at $14.01 in Closter.
- Utility expenses are equal in both Revere and Closter averaging $250.