Cost of Living: South river, NJ vs Laredo, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | South river | Laredo |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $330,000 | $260,000 |
| Average Rent (2 BR Apartment) | $2400 | $950 |
| Average Rent (2 BR House) | $2500 | $960 |
Housing Comparison: South river vs Laredo
- In South river, the median home price is higher at $330,000, while in Laredo it is $260,000.
- In Laredo, the rental for a two-bedroom apartment stands at $950, while it is $2,400 in South river.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | South river | Laredo |
|---|---|---|
| Electricity Price | $19.88 | $14.47 |
| Natural Gas Price | $14.01 | $26.29 |
| Other Utilities | $250 | $150 |
Utilities Comparison: South river vs Laredo
- Electricity costs are higher in South river at $19.88 per kWh, compared to $14.47 in Laredo.
- Laredo experiences higher natural gas costs at $26.29 per unit, with costs at $14.01 in South river.
- Other utility costs are higher in South river at an average of $250, compared to Laredo with $150.