Cost of Living: Paramus, NJ vs Pomona, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Paramus | Pomona |
|---|---|---|
| Housing Index | 135.0 | 130.0 |
| Median Home Price | $570,000 | $621,000 |
| Average Rent (2 BR Apartment) | $2700 | $2500 |
| Average Rent (2 BR House) | $2750 | $2557 |
Housing Comparison: Paramus vs Pomona
- The median home price in Pomona is higher at $621,000, compared to $570,000 in Paramus.
- Renting a two-bedroom apartment costs more in Paramus at $2,700 than in Pomona at $2,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Paramus | Pomona |
|---|---|---|
| Electricity Price | $19.88 | $32.99 |
| Natural Gas Price | $14.01 | $16.99 |
| Other Utilities | $250 | $300 |
Utilities Comparison: Paramus vs Pomona
- Pomona has higher electricity costs at $32.99 per kWh, versus $19.88 in Paramus.
- Pomona experiences higher natural gas costs at $16.99 per unit, with costs at $14.01 in Paramus.
- Pomona has higher utility expenses, averaging $300, while Paramus averages $250.