Cost of Living: Simpsonville, SC vs Elizabeth, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Simpsonville | Elizabeth |
|---|---|---|
| Housing Index | 110.0 | 125.0 |
| Median Home Price | $305,000 | $293,000 |
| Average Rent (2 BR Apartment) | $1500 | $2400 |
| Average Rent (2 BR House) | $1440 | $2400 |
Housing Comparison: Simpsonville vs Elizabeth
- In Simpsonville, the median home price is higher at $305,000, while in Elizabeth it is $293,000.
- In Elizabeth, the rental for a two-bedroom apartment stands at $2,400, while it is $1,500 in Simpsonville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Simpsonville | Elizabeth |
|---|---|---|
| Electricity Price | $14.18 | $19.88 |
| Natural Gas Price | $23.51 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Simpsonville vs Elizabeth
- Elizabeth has higher electricity costs at $19.88 per kWh, versus $14.18 in Simpsonville.
- Natural gas is more expensive in Simpsonville at $23.51 per unit, while it is cheaper at $14.01 in Elizabeth.
- Utility expenses are equal in both Simpsonville and Elizabeth averaging $250.