Cost of Living: Flint, MI vs Ridgewood, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Flint | Ridgewood |
|---|---|---|
| Housing Index | 80.0 | 120.0 |
| Median Home Price | $61,700 | $978,500 |
| Average Rent (2 BR Apartment) | $960 | $2200 |
| Average Rent (2 BR House) | $1024 | $2250 |
Housing Comparison: Flint vs Ridgewood
- The median home price in Ridgewood is higher at $978,500, compared to $61,700 in Flint.
- Renting a two-bedroom apartment costs more in Flint at $960 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 | Flint | Ridgewood |
|---|---|---|
| Electricity Price | $19.88 | $19.88 |
| Natural Gas Price | $15.42 | $14.01 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Flint vs Ridgewood
- Electricity costs are the same in both Flint and Ridgewood at $19.88 per kWh.
- Natural gas is more expensive in Flint at $15.42 per unit, while it is cheaper at $14.01 in Ridgewood.
- Ridgewood has higher utility expenses, averaging $250, while Flint averages $200.