Cost of Living: Ridgewood, NJ vs Springfield, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ridgewood | Springfield |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $978,500 | $215,000 |
| Average Rent (2 BR Apartment) | $2200 | $900 |
| Average Rent (2 BR House) | $2250 | $960 |
Housing Comparison: Ridgewood vs Springfield
- In Ridgewood, the median home price is higher at $978,500, while in Springfield it is $215,000.
- In Springfield, the rental for a two-bedroom apartment stands at $900, 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 | Springfield |
|---|---|---|
| Electricity Price | $19.88 | $14.64 |
| Natural Gas Price | $14.01 | $23.25 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Ridgewood vs Springfield
- Electricity costs are higher in Ridgewood at $19.88 per kWh, compared to $14.64 in Springfield.
- Springfield experiences higher natural gas costs at $23.25 per unit, with costs at $14.01 in Ridgewood.
- Other utility costs are higher in Ridgewood at an average of $250, compared to Springfield with $200.