Cost of Living: Hillsboro, OR vs Park ridge, NJ

Housing

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

Metric Hillsboro Park ridge
Housing Index 120.5 Data is updating
Median Home Price $487,000 $678,000
Average Rent (2 BR Apartment) $1800 $Data is updating
Average Rent (2 BR House) $1840 $Data is updating

Housing Comparison: Hillsboro vs Park ridge

  • The median home price in Park ridge is higher at $678,000, compared to $487,000 in Hillsboro.
  • The rent for a two-bedroom apartment is equal in both Hillsboro and Park ridge at $1,800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Hillsboro Park ridge
Electricity Price $15.12 $19.88
Natural Gas Price $16.5 $14.01
Other Utilities $250 $Data is updating

Utilities Comparison: Hillsboro vs Park ridge

  • Park ridge has higher electricity costs at $19.88 per kWh, versus $15.12 in Hillsboro.
  • Natural gas is more expensive in Hillsboro at $16.5 per unit, while it is cheaper at $14.01 in Park ridge.
  • Utility expenses are equal in both Hillsboro and Park ridge averaging $250.