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.