Cost of Living: Shelby, IA vs Paramus, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Shelby | Paramus |
|---|---|---|
| Housing Index | Data is updating | 135.0 |
| Median Home Price | $174,000 | $570,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $2700 |
| Average Rent (2 BR House) | $Data is updating | $2750 |
Housing Comparison: Shelby vs Paramus
- The median home price in Paramus is higher at $570,000, compared to $174,000 in Shelby.
- The rent for a two-bedroom apartment is equal in both Shelby and Paramus at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Shelby | Paramus |
|---|---|---|
| Electricity Price | $14.82 | $19.88 |
| Natural Gas Price | $15.61 | $14.01 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Shelby vs Paramus
- Paramus has higher electricity costs at $19.88 per kWh, versus $14.82 in Shelby.
- Natural gas is more expensive in Shelby at $15.61 per unit, while it is cheaper at $14.01 in Paramus.
- Utility expenses are equal in both Shelby and Paramus averaging $0.0.