Cost of Living: Aurora, CO vs Paramus, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Aurora | Paramus |
|---|---|---|
| Housing Index | 115.0 | 135.0 |
| Median Home Price | $534,000 | $570,000 |
| Average Rent (2 BR Apartment) | $1800 | $2700 |
| Average Rent (2 BR House) | $1840 | $2750 |
Housing Comparison: Aurora vs Paramus
- The median home price in Paramus is higher at $570,000, compared to $534,000 in Aurora.
- In Paramus, the rental for a two-bedroom apartment stands at $2,700, while it is $1,800 in Aurora.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Aurora | Paramus |
|---|---|---|
| Electricity Price | $15.21 | $19.88 |
| Natural Gas Price | $11.3 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Aurora vs Paramus
- Paramus has higher electricity costs at $19.88 per kWh, versus $15.21 in Aurora.
- Paramus experiences higher natural gas costs at $14.01 per unit, with costs at $11.3 in Aurora.
- Utility expenses are equal in both Aurora and Paramus averaging $250.