Cost of Living: Cabot, AR vs Riverdale, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cabot | Riverdale |
|---|---|---|
| Housing Index | 90.0 | 120.0 |
| Median Home Price | $217,500 | $467,000 |
| Average Rent (2 BR Apartment) | $1200 | $2100 |
| Average Rent (2 BR House) | $1245 | $2150 |
Housing Comparison: Cabot vs Riverdale
- The median home price in Riverdale is higher at $467,000, compared to $217,500 in Cabot.
- In Riverdale, the rental for a two-bedroom apartment stands at $2,100, while it is $1,200 in Cabot.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cabot | Riverdale |
|---|---|---|
| Electricity Price | $12.36 | $19.88 |
| Natural Gas Price | $17.08 | $14.01 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Cabot vs Riverdale
- Riverdale has higher electricity costs at $19.88 per kWh, versus $12.36 in Cabot.
- Natural gas is more expensive in Cabot at $17.08 per unit, while it is cheaper at $14.01 in Riverdale.
- Riverdale has higher utility expenses, averaging $250, while Cabot averages $200.