Cost of Living: The colony, TX vs Hammonton, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | The colony | Hammonton |
|---|---|---|
| Housing Index | 110.0 | 110.0 |
| Median Home Price | $413,000 | $350,000 |
| Average Rent (2 BR Apartment) | $1900 | $1600 |
| Average Rent (2 BR House) | $2000 | $1640 |
Housing Comparison: The colony vs Hammonton
- In The colony, the median home price is higher at $413,000, while in Hammonton it is $350,000.
- Renting a two-bedroom apartment costs more in The colony at $1,900 than in Hammonton at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | The colony | Hammonton |
|---|---|---|
| Electricity Price | $14.47 | $19.88 |
| Natural Gas Price | $26.29 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: The colony vs Hammonton
- Hammonton has higher electricity costs at $19.88 per kWh, versus $14.47 in The colony.
- Natural gas is more expensive in The colony at $26.29 per unit, while it is cheaper at $14.01 in Hammonton.
- Utility expenses are equal in both The colony and Hammonton averaging $250.