Cost of Living: Bethlehem, PA vs Paramus, NJ

Housing

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

Metric Bethlehem Paramus
Housing Index 110.0 135.0
Median Home Price $274,000 $570,000
Average Rent (2 BR Apartment) $1600 $2700
Average Rent (2 BR House) $1680 $2750

Housing Comparison: Bethlehem vs Paramus

  • The median home price in Paramus is higher at $570,000, compared to $274,000 in Bethlehem.
  • In Paramus, the rental for a two-bedroom apartment stands at $2,700, while it is $1,600 in Bethlehem.

Utilities

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

Metric Bethlehem Paramus
Electricity Price $17.68 $19.88
Natural Gas Price $17.61 $14.01
Other Utilities $250 $250

Utilities Comparison: Bethlehem vs Paramus

  • Paramus has higher electricity costs at $19.88 per kWh, versus $17.68 in Bethlehem.
  • Natural gas is more expensive in Bethlehem at $17.61 per unit, while it is cheaper at $14.01 in Paramus.
  • Utility expenses are equal in both Bethlehem and Paramus averaging $250.