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.