Cost of Living: Paramus, NJ vs Canton, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Paramus | Canton |
|---|---|---|
| Housing Index | 135.0 | 75.0 |
| Median Home Price | $570,000 | $204,000 |
| Average Rent (2 BR Apartment) | $2700 | $800 |
| Average Rent (2 BR House) | $2750 | $800 |
Housing Comparison: Paramus vs Canton
- In Paramus, the median home price is higher at $570,000, while in Canton it is $204,000.
- In Canton, the rental for a two-bedroom apartment stands at $800, while it is $2,700 in Paramus.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Paramus | Canton |
|---|---|---|
| Electricity Price | $19.88 | $13.42 |
| Natural Gas Price | $14.01 | $22.19 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Paramus vs Canton
- Electricity costs are higher in Paramus at $19.88 per kWh, compared to $13.42 in Canton.
- Canton experiences higher natural gas costs at $22.19 per unit, with costs at $14.01 in Paramus.
- Other utility costs are higher in Paramus at an average of $250, compared to Canton with $200.