Cost of Living: Paramus, NJ vs Spring valley, IL
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Paramus | Spring valley |
---|---|---|
Housing Index | 135.0 | Data is updating |
Median Home Price | $570,000 | $160,000 |
Average Rent (2 BR Apartment) | $2700 | $Data is updating |
Average Rent (2 BR House) | $2750 | $Data is updating |
Housing Comparison: Paramus vs Spring valley
- In Paramus, the median home price is higher at $570,000, while in Spring valley it is $160,000.
- The rent for a two-bedroom apartment is equal in both Paramus and Spring valley 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 | Spring valley |
---|---|---|
Electricity Price | $19.88 | $16.15 |
Natural Gas Price | $14.01 | $16.59 |
Other Utilities | $250 | $Data is updating |
Utilities Comparison: Paramus vs Spring valley
- Electricity costs are higher in Paramus at $19.88 per kWh, compared to $16.15 in Spring valley.
- Spring valley 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 Spring valley averaging $250.