Cost of Living: Wharton, NJ vs Irving, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Wharton | Irving |
|---|---|---|
| Housing Index | 115.0 | 97.5 |
| Median Home Price | $348,000 | $393,765 |
| Average Rent (2 BR Apartment) | $2200 | $1800 |
| Average Rent (2 BR House) | $2240 | $1872 |
Housing Comparison: Wharton vs Irving
- The median home price in Irving is higher at $393,765, compared to $348,000 in Wharton.
- Renting a two-bedroom apartment costs more in Wharton at $2,200 than in Irving at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Wharton | Irving |
|---|---|---|
| Electricity Price | $19.88 | $14.47 |
| Natural Gas Price | $14.01 | $26.29 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Wharton vs Irving
- Electricity costs are higher in Wharton at $19.88 per kWh, compared to $14.47 in Irving.
- Irving experiences higher natural gas costs at $26.29 per unit, with costs at $14.01 in Wharton.
- Other utility costs are higher in Wharton at an average of $250, compared to Irving with $200.