Cost of Living: Oswego, IL vs Paramus, NJ

Housing

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

Metric Oswego Paramus
Housing Index 108.0 135.0
Median Home Price $335,000 $570,000
Average Rent (2 BR Apartment) $1800 $2700
Average Rent (2 BR House) $1814 $2750

Housing Comparison: Oswego vs Paramus

  • The median home price in Paramus is higher at $570,000, compared to $335,000 in Oswego.
  • In Paramus, the rental for a two-bedroom apartment stands at $2,700, while it is $1,800 in Oswego.

Utilities

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

Metric Oswego Paramus
Electricity Price $16.15 $19.88
Natural Gas Price $16.59 $14.01
Other Utilities $280 $250

Utilities Comparison: Oswego vs Paramus

  • Paramus has higher electricity costs at $19.88 per kWh, versus $16.15 in Oswego.
  • Natural gas is more expensive in Oswego at $16.59 per unit, while it is cheaper at $14.01 in Paramus.
  • Other utility costs are higher in Oswego at an average of $280, compared to Paramus with $250.