Cost of Living: Montgomery, NY vs Redwood city, CA
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Montgomery | Redwood city |
---|---|---|
Housing Index | 120.0 | 165.0 |
Median Home Price | $346,000 | $1,440,000 |
Average Rent (2 BR Apartment) | $1800 | $3400 |
Average Rent (2 BR House) | $1880 | $3446 |
Housing Comparison: Montgomery vs Redwood city
- The median home price in Redwood city is higher at $1,440,000, compared to $346,000 in Montgomery.
- In Redwood city, the rental for a two-bedroom apartment stands at $3,400, while it is $1,800 in Montgomery.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Montgomery | Redwood city |
---|---|---|
Electricity Price | $26.08 | $32.99 |
Natural Gas Price | $18.13 | $16.99 |
Other Utilities | $250 | $250 |
Utilities Comparison: Montgomery vs Redwood city
- Redwood city has higher electricity costs at $32.99 per kWh, versus $26.08 in Montgomery.
- Natural gas is more expensive in Montgomery at $18.13 per unit, while it is cheaper at $16.99 in Redwood city.
- Utility expenses are equal in both Montgomery and Redwood city averaging $250.