Cost of Living: Ridgewood, NJ vs Maricopa, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ridgewood | Maricopa |
|---|---|---|
| Housing Index | 120.0 | 90.2 |
| Median Home Price | $978,500 | $374,000 |
| Average Rent (2 BR Apartment) | $2200 | $1600 |
| Average Rent (2 BR House) | $2250 | $1640 |
Housing Comparison: Ridgewood vs Maricopa
- In Ridgewood, the median home price is higher at $978,500, while in Maricopa it is $374,000.
- Renting a two-bedroom apartment costs more in Ridgewood at $2,200 than in Maricopa at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ridgewood | Maricopa |
|---|---|---|
| Electricity Price | $19.88 | $15.14 |
| Natural Gas Price | $14.01 | $23.51 |
| Other Utilities | $250 | $220 |
Utilities Comparison: Ridgewood vs Maricopa
- Electricity costs are higher in Ridgewood at $19.88 per kWh, compared to $15.14 in Maricopa.
- Maricopa experiences higher natural gas costs at $23.51 per unit, with costs at $14.01 in Ridgewood.
- Other utility costs are higher in Ridgewood at an average of $250, compared to Maricopa with $220.