Cost of Living: Ridgewood, NJ vs Houston, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ridgewood | Houston |
|---|---|---|
| Housing Index | 120.0 | 115.4 |
| Median Home Price | $978,500 | $321,000 |
| Average Rent (2 BR Apartment) | $2200 | $1800 |
| Average Rent (2 BR House) | $2250 | $1920 |
Housing Comparison: Ridgewood vs Houston
- In Ridgewood, the median home price is higher at $978,500, while in Houston it is $321,000.
- Renting a two-bedroom apartment costs more in Ridgewood at $2,200 than in Houston at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ridgewood | Houston |
|---|---|---|
| Electricity Price | $19.88 | $14.47 |
| Natural Gas Price | $14.01 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Ridgewood vs Houston
- Electricity costs are higher in Ridgewood at $19.88 per kWh, compared to $14.47 in Houston.
- Houston experiences higher natural gas costs at $26.29 per unit, with costs at $14.01 in Ridgewood.
- Utility expenses are equal in both Ridgewood and Houston averaging $250.