Cost of Living: Wyandotte, MI vs Hackensack, NJ

Housing

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

Metric Wyandotte Hackensack
Housing Index 110.0 125.0
Median Home Price $193,000 $493,500
Average Rent (2 BR Apartment) $1300 $2400
Average Rent (2 BR House) $1300 $2480

Housing Comparison: Wyandotte vs Hackensack

  • The median home price in Hackensack is higher at $493,500, compared to $193,000 in Wyandotte.
  • In Hackensack, the rental for a two-bedroom apartment stands at $2,400, while it is $1,300 in Wyandotte.

Utilities

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

Metric Wyandotte Hackensack
Electricity Price $19.88 $19.88
Natural Gas Price $15.42 $14.01
Other Utilities $250 $280

Utilities Comparison: Wyandotte vs Hackensack

  • Electricity costs are the same in both Wyandotte and Hackensack at $19.88 per kWh.
  • Natural gas is more expensive in Wyandotte at $15.42 per unit, while it is cheaper at $14.01 in Hackensack.
  • Hackensack has higher utility expenses, averaging $280, while Wyandotte averages $250.