Cost of Living: Toledo, OH vs Elizabeth, NJ
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Toledo | Elizabeth |
---|---|---|
Housing Index | 75.0 | 125.0 |
Median Home Price | $143,000 | $293,000 |
Average Rent (2 BR Apartment) | $900 | $2400 |
Average Rent (2 BR House) | $800 | $2400 |
Housing Comparison: Toledo vs Elizabeth
- The median home price in Elizabeth is higher at $293,000, compared to $143,000 in Toledo.
- Renting a two-bedroom apartment costs more in Toledo at $900 than in Elizabeth at $2,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Toledo | Elizabeth |
---|---|---|
Electricity Price | $15.92 | $19.88 |
Natural Gas Price | $Data is updating | $14.01 |
Other Utilities | $200 | $250 |
Utilities Comparison: Toledo vs Elizabeth
- Elizabeth has higher electricity costs at $19.88 per kWh, versus $15.92 in Toledo.
- Natural gas price data is currently unavailable.
- Elizabeth has higher utility expenses, averaging $250, while Toledo averages $200.