Cost of Living: Water valley, MS vs Trenton, NJ

Housing

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

Metric Water valley Trenton
Housing Index 90.0 110.0
Median Home Price $124,000 $271,000
Average Rent (2 BR Apartment) $800 $2000
Average Rent (2 BR House) $850 $2240

Housing Comparison: Water valley vs Trenton

  • The median home price in Trenton is higher at $271,000, compared to $124,000 in Water valley.
  • Renting a two-bedroom apartment costs more in Water valley at $800 than in Trenton at $2,000.

Utilities

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

Metric Water valley Trenton
Electricity Price $13.42 $19.88
Natural Gas Price $22.19 $14.01
Other Utilities $200 $250

Utilities Comparison: Water valley vs Trenton

  • Trenton has higher electricity costs at $19.88 per kWh, versus $13.42 in Water valley.
  • Natural gas is more expensive in Water valley at $22.19 per unit, while it is cheaper at $14.01 in Trenton.
  • Trenton has higher utility expenses, averaging $250, while Water valley averages $200.