Cost of Living: Ridgewood, NJ vs Fairmont, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ridgewood | Fairmont |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $978,500 | $135,000 |
| Average Rent (2 BR Apartment) | $2200 | $Data is updating |
| Average Rent (2 BR House) | $2250 | $Data is updating |
Housing Comparison: Ridgewood vs Fairmont
- In Ridgewood, the median home price is higher at $978,500, while in Fairmont it is $135,000.
- The rent for a two-bedroom apartment is equal in both Ridgewood and Fairmont at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ridgewood | Fairmont |
|---|---|---|
| Electricity Price | $19.88 | $13.72 |
| Natural Gas Price | $14.01 | $Data is updating |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Ridgewood vs Fairmont
- Electricity costs are higher in Ridgewood at $19.88 per kWh, compared to $13.72 in Fairmont.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Ridgewood and Fairmont averaging $250.