Cost of Living: Paramount, CA vs Gadsden, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Paramount | Gadsden |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $589,000 | $211,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $950 |
| Average Rent (2 BR House) | $Data is updating | $960 |
Housing Comparison: Paramount vs Gadsden
- In Paramount, the median home price is higher at $589,000, while in Gadsden it is $211,000.
- The rent for a two-bedroom apartment is equal in both Paramount and Gadsden 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 | Gadsden |
|---|---|---|
| Electricity Price | $32.99 | $15.03 |
| Natural Gas Price | $16.99 | $21.76 |
| Other Utilities | $Data is updating | $200 |
Utilities Comparison: Paramount vs Gadsden
- Electricity costs are higher in Paramount at $32.99 per kWh, compared to $15.03 in Gadsden.
- Gadsden 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 Gadsden averaging $0.0.