Cost of Living: Claremont, CA vs Ridgewood, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Claremont | Ridgewood |
|---|---|---|
| Housing Index | 140.0 | 120.0 |
| Median Home Price | $670,000 | $978,500 |
| Average Rent (2 BR Apartment) | $2900 | $2200 |
| Average Rent (2 BR House) | $2960 | $2250 |
Housing Comparison: Claremont vs Ridgewood
- The median home price in Ridgewood is higher at $978,500, compared to $670,000 in Claremont.
- Renting a two-bedroom apartment costs more in Claremont at $2,900 than in Ridgewood at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Claremont | Ridgewood |
|---|---|---|
| Electricity Price | $32.99 | $19.88 |
| Natural Gas Price | $16.99 | $14.01 |
| Other Utilities | $240 | $250 |
Utilities Comparison: Claremont vs Ridgewood
- Electricity costs are higher in Claremont at $32.99 per kWh, compared to $19.88 in Ridgewood.
- Natural gas is more expensive in Claremont at $16.99 per unit, while it is cheaper at $14.01 in Ridgewood.
- Ridgewood has higher utility expenses, averaging $250, while Claremont averages $240.