Cost of Living: Torrance, CA vs Villas, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Torrance | Villas |
|---|---|---|
| Housing Index | 135.0 | Data is updating |
| Median Home Price | $1,030,000 | $390,000 |
| Average Rent (2 BR Apartment) | $2800 | $Data is updating |
| Average Rent (2 BR House) | $2850 | $Data is updating |
Housing Comparison: Torrance vs Villas
- In Torrance, the median home price is higher at $1,030,000, while in Villas it is $390,000.
- The rent for a two-bedroom apartment is equal in both Torrance and Villas at $2,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Torrance | Villas |
|---|---|---|
| Electricity Price | $32.99 | $19.88 |
| Natural Gas Price | $16.99 | $14.01 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Torrance vs Villas
- Electricity costs are higher in Torrance at $32.99 per kWh, compared to $19.88 in Villas.
- Natural gas is more expensive in Torrance at $16.99 per unit, while it is cheaper at $14.01 in Villas.
- Utility expenses are equal in both Torrance and Villas averaging $250.