Cost of Living: Broken arrow, OK vs Ridgewood, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Broken arrow | Ridgewood |
|---|---|---|
| Housing Index | 90.0 | 120.0 |
| Median Home Price | $234,000 | $978,500 |
| Average Rent (2 BR Apartment) | $1200 | $2200 |
| Average Rent (2 BR House) | $1360 | $2250 |
Housing Comparison: Broken arrow vs Ridgewood
- The median home price in Ridgewood is higher at $978,500, compared to $234,000 in Broken arrow.
- In Ridgewood, the rental for a two-bedroom apartment stands at $2,200, while it is $1,200 in Broken arrow.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Broken arrow | Ridgewood |
|---|---|---|
| Electricity Price | $12.37 | $19.88 |
| Natural Gas Price | $20.27 | $14.01 |
| Other Utilities | $180 | $250 |
Utilities Comparison: Broken arrow vs Ridgewood
- Ridgewood has higher electricity costs at $19.88 per kWh, versus $12.37 in Broken arrow.
- Natural gas is more expensive in Broken arrow at $20.27 per unit, while it is cheaper at $14.01 in Ridgewood.
- Ridgewood has higher utility expenses, averaging $250, while Broken arrow averages $180.