Cost of Living: Paramus, NJ vs Cochran, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Paramus | Cochran |
|---|---|---|
| Housing Index | 135.0 | 85.4 |
| Median Home Price | $570,000 | $166,000 |
| Average Rent (2 BR Apartment) | $2700 | $800 |
| Average Rent (2 BR House) | $2750 | $850 |
Housing Comparison: Paramus vs Cochran
- In Paramus, the median home price is higher at $570,000, while in Cochran it is $166,000.
- In Cochran, the rental for a two-bedroom apartment stands at $800, while it is $2,700 in Paramus.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Paramus | Cochran |
|---|---|---|
| Electricity Price | $19.88 | $15.53 |
| Natural Gas Price | $14.01 | $27.53 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Paramus vs Cochran
- Electricity costs are higher in Paramus at $19.88 per kWh, compared to $15.53 in Cochran.
- Cochran experiences higher natural gas costs at $27.53 per unit, with costs at $14.01 in Paramus.
- Other utility costs are higher in Paramus at an average of $250, compared to Cochran with $200.