Cost of Living: Wharton, NJ vs Swan lake, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Wharton | Swan lake |
|---|---|---|
| Housing Index | 115.0 | 110.0 |
| Median Home Price | $348,000 | $350,000 |
| Average Rent (2 BR Apartment) | $2200 | $2200 |
| Average Rent (2 BR House) | $2240 | $2250 |
Housing Comparison: Wharton vs Swan lake
- The median home price in Swan lake is higher at $350,000, compared to $348,000 in Wharton.
- The rent for a two-bedroom apartment is equal in both Wharton and Swan lake at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Wharton | Swan lake |
|---|---|---|
| Electricity Price | $19.88 | $26.08 |
| Natural Gas Price | $14.01 | $18.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Wharton vs Swan lake
- Swan lake has higher electricity costs at $26.08 per kWh, versus $19.88 in Wharton.
- Swan lake experiences higher natural gas costs at $18.13 per unit, with costs at $14.01 in Wharton.
- Utility expenses are equal in both Wharton and Swan lake averaging $250.