Cost of Living: Paterson, NJ vs Rosedale, MD

Housing

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

Metric Paterson Rosedale
Housing Index Data is updating 120.0
Median Home Price $357,000 $295,000
Average Rent (2 BR Apartment) $Data is updating $1900
Average Rent (2 BR House) $Data is updating $2000

Housing Comparison: Paterson vs Rosedale

  • In Paterson, the median home price is higher at $357,000, while in Rosedale it is $295,000.
  • The rent for a two-bedroom apartment is equal in both Paterson and Rosedale 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 Rosedale
Electricity Price $19.88 $17.41
Natural Gas Price $14.01 $18.44
Other Utilities $Data is updating $250

Utilities Comparison: Paterson vs Rosedale

  • Electricity costs are higher in Paterson at $19.88 per kWh, compared to $17.41 in Rosedale.
  • Rosedale experiences higher natural gas costs at $18.44 per unit, with costs at $14.01 in Paterson.
  • Utility expenses are equal in both Paterson and Rosedale averaging $0.0.