Cost of Living: Paramus, NJ vs Louin, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Paramus | Louin |
|---|---|---|
| Housing Index | 135.0 | Data is updating |
| Median Home Price | $570,000 | $114,000 |
| Average Rent (2 BR Apartment) | $2700 | $Data is updating |
| Average Rent (2 BR House) | $2750 | $Data is updating |
Housing Comparison: Paramus vs Louin
- In Paramus, the median home price is higher at $570,000, while in Louin it is $114,000.
- The rent for a two-bedroom apartment is equal in both Paramus and Louin at $2,700.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Paramus | Louin |
|---|---|---|
| Electricity Price | $19.88 | $13.42 |
| Natural Gas Price | $14.01 | $22.19 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Paramus vs Louin
- Electricity costs are higher in Paramus at $19.88 per kWh, compared to $13.42 in Louin.
- Louin experiences higher natural gas costs at $22.19 per unit, with costs at $14.01 in Paramus.
- Utility expenses are equal in both Paramus and Louin averaging $250.