Cost of Living: Deerfield beach, FL vs Ridgewood, NJ

Housing

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

Metric Deerfield beach Ridgewood
Housing Index 125.4 120.0
Median Home Price $429,000 $978,500
Average Rent (2 BR Apartment) $2200 $2200
Average Rent (2 BR House) $2320 $2250

Housing Comparison: Deerfield beach vs Ridgewood

  • The median home price in Ridgewood is higher at $978,500, compared to $429,000 in Deerfield beach.
  • The rent for a two-bedroom apartment is equal in both Deerfield beach and 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 Deerfield beach Ridgewood
Electricity Price $13.89 $19.88
Natural Gas Price $26.13 $14.01
Other Utilities $250 $250

Utilities Comparison: Deerfield beach vs Ridgewood

  • Ridgewood has higher electricity costs at $19.88 per kWh, versus $13.89 in Deerfield beach.
  • Natural gas is more expensive in Deerfield beach at $26.13 per unit, while it is cheaper at $14.01 in Ridgewood.
  • Utility expenses are equal in both Deerfield beach and Ridgewood averaging $250.