Cost of Living: Trenton, NJ vs Red bay, AL

Housing

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

Metric Trenton Red bay
Housing Index 110.0 90.0
Median Home Price $271,000 $167,000
Average Rent (2 BR Apartment) $2000 $960
Average Rent (2 BR House) $2240 $992

Housing Comparison: Trenton vs Red bay

  • In Trenton, the median home price is higher at $271,000, while in Red bay it is $167,000.
  • In Red bay, the rental for a two-bedroom apartment stands at $960, while it is $2,000 in Trenton.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Trenton Red bay
Electricity Price $19.88 $15.03
Natural Gas Price $14.01 $21.76
Other Utilities $250 $220

Utilities Comparison: Trenton vs Red bay

  • Electricity costs are higher in Trenton at $19.88 per kWh, compared to $15.03 in Red bay.
  • Red bay experiences higher natural gas costs at $21.76 per unit, with costs at $14.01 in Trenton.
  • Other utility costs are higher in Trenton at an average of $250, compared to Red bay with $220.