Cost of Living: Park ridge, NJ vs Gresham, OR

Housing

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

Metric Park ridge Gresham
Housing Index Data is updating 120.0
Median Home Price $678,000 $476,000
Average Rent (2 BR Apartment) $Data is updating $1800
Average Rent (2 BR House) $Data is updating $1860

Housing Comparison: Park ridge vs Gresham

  • In Park ridge, the median home price is higher at $678,000, while in Gresham it is $476,000.
  • The rent for a two-bedroom apartment is equal in both Park ridge and Gresham at $0.0.

Utilities

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

Metric Park ridge Gresham
Electricity Price $19.88 $15.12
Natural Gas Price $14.01 $16.5
Other Utilities $Data is updating $250

Utilities Comparison: Park ridge vs Gresham

  • Electricity costs are higher in Park ridge at $19.88 per kWh, compared to $15.12 in Gresham.
  • Gresham experiences higher natural gas costs at $16.5 per unit, with costs at $14.01 in Park ridge.
  • Utility expenses are equal in both Park ridge and Gresham averaging $0.0.