Cost of Living: New york, NY vs Redondo beach, CA

Housing

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

Metric New york Redondo beach
Housing Index 125.0 160.0
Median Home Price $800,000 $1,075,000
Average Rent (2 BR Apartment) $2800 $2800
Average Rent (2 BR House) $2880 $2880

Housing Comparison: New york vs Redondo beach

  • The median home price in Redondo beach is higher at $1,075,000, compared to $800,000 in New york.
  • The rent for a two-bedroom apartment is equal in both New york and Redondo beach at $2,800.

Utilities

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

Metric New york Redondo beach
Electricity Price $26.08 $32.99
Natural Gas Price $18.13 $16.99
Other Utilities $250 $320

Utilities Comparison: New york vs Redondo beach

  • Redondo beach has higher electricity costs at $32.99 per kWh, versus $26.08 in New york.
  • Natural gas is more expensive in New york at $18.13 per unit, while it is cheaper at $16.99 in Redondo beach.
  • Redondo beach has higher utility expenses, averaging $320, while New york averages $250.