Cost of Living: Suffolk, VA vs Ridgewood, NJ

Housing

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

Metric Suffolk Ridgewood
Housing Index 90.0 120.0
Median Home Price $323,900 $978,500
Average Rent (2 BR Apartment) $1500 $2200
Average Rent (2 BR House) $1600 $2250

Housing Comparison: Suffolk vs Ridgewood

  • The median home price in Ridgewood is higher at $978,500, compared to $323,900 in Suffolk.
  • In Ridgewood, the rental for a two-bedroom apartment stands at $2,200, while it is $1,500 in Suffolk.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Suffolk Ridgewood
Electricity Price $15.31 $19.88
Natural Gas Price $19.91 $14.01
Other Utilities $250 $250

Utilities Comparison: Suffolk vs Ridgewood

  • Ridgewood has higher electricity costs at $19.88 per kWh, versus $15.31 in Suffolk.
  • Natural gas is more expensive in Suffolk at $19.91 per unit, while it is cheaper at $14.01 in Ridgewood.
  • Utility expenses are equal in both Suffolk and Ridgewood averaging $250.