Cost of Living: Grand island, NE vs Ridgewood, NJ

Housing

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

Metric Grand island Ridgewood
Housing Index 90.5 120.0
Median Home Price $282,500 $978,500
Average Rent (2 BR Apartment) $930 $2200
Average Rent (2 BR House) $960 $2250

Housing Comparison: Grand island vs Ridgewood

  • The median home price in Ridgewood is higher at $978,500, compared to $282,500 in Grand island.
  • Renting a two-bedroom apartment costs more in Grand island at $930 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 Grand island Ridgewood
Electricity Price $12.92 $19.88
Natural Gas Price $13.89 $14.01
Other Utilities $210 $250

Utilities Comparison: Grand island vs Ridgewood

  • Ridgewood has higher electricity costs at $19.88 per kWh, versus $12.92 in Grand island.
  • Ridgewood experiences higher natural gas costs at $14.01 per unit, with costs at $13.89 in Grand island.
  • Ridgewood has higher utility expenses, averaging $250, while Grand island averages $210.