Cost of Living: Ridgewood, NJ vs Oakley, CA

Housing

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

Metric Ridgewood Oakley
Housing Index 120.0 115.0
Median Home Price $978,500 $558,000
Average Rent (2 BR Apartment) $2200 $2400
Average Rent (2 BR House) $2250 $2450

Housing Comparison: Ridgewood vs Oakley

  • In Ridgewood, the median home price is higher at $978,500, while in Oakley it is $558,000.
  • In Oakley, the rental for a two-bedroom apartment stands at $2,400, 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 Oakley
Electricity Price $19.88 $32.99
Natural Gas Price $14.01 $16.99
Other Utilities $250 $250

Utilities Comparison: Ridgewood vs Oakley

  • Oakley has higher electricity costs at $32.99 per kWh, versus $19.88 in Ridgewood.
  • Oakley 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 Oakley averaging $250.