Cost of Living: Ridgewood, NJ vs Alameda, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ridgewood | Alameda |
|---|---|---|
| Housing Index | 120.0 | 165.4 |
| Median Home Price | $978,500 | $1,080,000 |
| Average Rent (2 BR Apartment) | $2200 | $3500 |
| Average Rent (2 BR House) | $2250 | $3600 |
Housing Comparison: Ridgewood vs Alameda
- The median home price in Alameda is higher at $1,080,000, compared to $978,500 in Ridgewood.
- In Alameda, the rental for a two-bedroom apartment stands at $3,500, while it is $2,200 in Ridgewood.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ridgewood | Alameda |
|---|---|---|
| Electricity Price | $19.88 | $32.99 |
| Natural Gas Price | $14.01 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Ridgewood vs Alameda
- Alameda has higher electricity costs at $32.99 per kWh, versus $19.88 in Ridgewood.
- Alameda experiences higher natural gas costs at $16.99 per unit, with costs at $14.01 in Ridgewood.
- Utility expenses are equal in both Ridgewood and Alameda averaging $250.