Cost of Living: Arcadia, MI vs Ridgewood, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Arcadia | Ridgewood |
|---|---|---|
| Housing Index | Data is updating | 120.0 |
| Median Home Price | $346,000 | $978,500 |
| Average Rent (2 BR Apartment) | $Data is updating | $2200 |
| Average Rent (2 BR House) | $Data is updating | $2250 |
Housing Comparison: Arcadia vs Ridgewood
- The median home price in Ridgewood is higher at $978,500, compared to $346,000 in Arcadia.
- The rent for a two-bedroom apartment is equal in both Arcadia and Ridgewood at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Arcadia | Ridgewood |
|---|---|---|
| Electricity Price | $19.88 | $19.88 |
| Natural Gas Price | $15.42 | $14.01 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Arcadia vs Ridgewood
- Electricity costs are the same in both Arcadia and Ridgewood at $19.88 per kWh.
- Natural gas is more expensive in Arcadia at $15.42 per unit, while it is cheaper at $14.01 in Ridgewood.
- Utility expenses are equal in both Arcadia and Ridgewood averaging $0.0.