Cost of Living: Paterson, NJ vs Desoto, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Paterson | Desoto |
|---|---|---|
| Housing Index | Data is updating | 90.0 |
| Median Home Price | $357,000 | $342,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1450 |
| Average Rent (2 BR House) | $Data is updating | $1500 |
Housing Comparison: Paterson vs Desoto
- In Paterson, the median home price is higher at $357,000, while in Desoto it is $342,000.
- The rent for a two-bedroom apartment is equal in both Paterson and Desoto 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 | Paterson | Desoto |
|---|---|---|
| Electricity Price | $19.88 | $14.47 |
| Natural Gas Price | $14.01 | $26.29 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Paterson vs Desoto
- Electricity costs are higher in Paterson at $19.88 per kWh, compared to $14.47 in Desoto.
- Desoto experiences higher natural gas costs at $26.29 per unit, with costs at $14.01 in Paterson.
- Utility expenses are equal in both Paterson and Desoto averaging $0.0.