Cost of Living: South river, NJ vs Palatka, FL

Housing

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

Metric South river Palatka
Housing Index 120.0 70.0
Median Home Price $330,000 $199,000
Average Rent (2 BR Apartment) $2400 $1200
Average Rent (2 BR House) $2500 $1280

Housing Comparison: South river vs Palatka

  • In South river, the median home price is higher at $330,000, while in Palatka it is $199,000.
  • Renting a two-bedroom apartment costs more in South river at $2,400 than in Palatka 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 South river Palatka
Electricity Price $19.88 $13.89
Natural Gas Price $14.01 $26.13
Other Utilities $250 $200

Utilities Comparison: South river vs Palatka

  • Electricity costs are higher in South river at $19.88 per kWh, compared to $13.89 in Palatka.
  • Palatka experiences higher natural gas costs at $26.13 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 Palatka with $200.