Cost of Living: Paterson, NJ vs Park forest, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Paterson | Park forest |
|---|---|---|
| Housing Index | Data is updating | 90.0 |
| Median Home Price | $357,000 | $233,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1280 |
Housing Comparison: Paterson vs Park forest
- In Paterson, the median home price is higher at $357,000, while in Park forest it is $233,000.
- The rent for a two-bedroom apartment is equal in both Paterson and Park forest 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 | Park forest |
|---|---|---|
| Electricity Price | $19.88 | $16.15 |
| Natural Gas Price | $14.01 | $16.59 |
| Other Utilities | $Data is updating | $200 |
Utilities Comparison: Paterson vs Park forest
- Electricity costs are higher in Paterson at $19.88 per kWh, compared to $16.15 in Park forest.
- Park forest experiences higher natural gas costs at $16.59 per unit, with costs at $14.01 in Paterson.
- Utility expenses are equal in both Paterson and Park forest averaging $0.0.