Cost of Living: Paramus, NJ vs Rochelle, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Paramus | Rochelle |
|---|---|---|
| Housing Index | 135.0 | 85.0 |
| Median Home Price | $570,000 | $197,000 |
| Average Rent (2 BR Apartment) | $2700 | $1200 |
| Average Rent (2 BR House) | $2750 | $1350 |
Housing Comparison: Paramus vs Rochelle
- In Paramus, the median home price is higher at $570,000, while in Rochelle it is $197,000.
- Renting a two-bedroom apartment costs more in Paramus at $2,700 than in Rochelle at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Paramus | Rochelle |
|---|---|---|
| Electricity Price | $19.88 | $16.15 |
| Natural Gas Price | $14.01 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Paramus vs Rochelle
- Electricity costs are higher in Paramus at $19.88 per kWh, compared to $16.15 in Rochelle.
- Rochelle experiences higher natural gas costs at $16.59 per unit, with costs at $14.01 in Paramus.
- Utility expenses are equal in both Paramus and Rochelle averaging $250.