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

Housing

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

Metric Westfield Water valley
Housing Index 120.0 90.0
Median Home Price $725,000 $124,000
Average Rent (2 BR Apartment) $2400 $800
Average Rent (2 BR House) $2400 $850

Housing Comparison: Westfield vs Water valley

  • In Westfield, the median home price is higher at $725,000, while in Water valley it is $124,000.
  • In Water valley, the rental for a two-bedroom apartment stands at $800, while it is $2,400 in Westfield.

Utilities

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

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

Utilities Comparison: Westfield vs Water valley

  • Electricity costs are higher in Westfield at $19.88 per kWh, compared to $13.42 in Water valley.
  • Water valley experiences higher natural gas costs at $22.19 per unit, with costs at $14.01 in Westfield.
  • Other utility costs are higher in Westfield at an average of $250, compared to Water valley with $200.