Cost of Living: Paramount, CA vs Bessemer, AL
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Paramount | Bessemer |
---|---|---|
Housing Index | Data is updating | 85.0 |
Median Home Price | $589,000 | $162,000 |
Average Rent (2 BR Apartment) | $Data is updating | $1080 |
Average Rent (2 BR House) | $Data is updating | $1105 |
Housing Comparison: Paramount vs Bessemer
- In Paramount, the median home price is higher at $589,000, while in Bessemer it is $162,000.
- The rent for a two-bedroom apartment is equal in both Paramount and Bessemer at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Paramount | Bessemer |
---|---|---|
Electricity Price | $32.99 | $15.03 |
Natural Gas Price | $16.99 | $21.76 |
Other Utilities | $Data is updating | $250 |
Utilities Comparison: Paramount vs Bessemer
- Electricity costs are higher in Paramount at $32.99 per kWh, compared to $15.03 in Bessemer.
- Bessemer experiences higher natural gas costs at $21.76 per unit, with costs at $16.99 in Paramount.
- Utility expenses are equal in both Paramount and Bessemer averaging $0.0.