Cost of Living: Paramus, NJ vs La grange, KY

Housing

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

Metric Paramus La grange
Housing Index 135.0 110.0
Median Home Price $570,000 $319,000
Average Rent (2 BR Apartment) $2700 $1600
Average Rent (2 BR House) $2750 $1700

Housing Comparison: Paramus vs La grange

  • In Paramus, the median home price is higher at $570,000, while in La grange it is $319,000.
  • Renting a two-bedroom apartment costs more in Paramus at $2,700 than in La grange at $1,600.

Utilities

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

Metric Paramus La grange
Electricity Price $19.88 $12.87
Natural Gas Price $14.01 $22.78
Other Utilities $250 $250

Utilities Comparison: Paramus vs La grange

  • Electricity costs are higher in Paramus at $19.88 per kWh, compared to $12.87 in La grange.
  • La grange experiences higher natural gas costs at $22.78 per unit, with costs at $14.01 in Paramus.
  • Utility expenses are equal in both Paramus and La grange averaging $250.