Cost of Living: Wiggins, MS vs Paramus, NJ
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Wiggins | Paramus |
---|---|---|
Housing Index | 75.0 | 135.0 |
Median Home Price | $184,000 | $570,000 |
Average Rent (2 BR Apartment) | $900 | $2700 |
Average Rent (2 BR House) | $800 | $2750 |
Housing Comparison: Wiggins vs Paramus
- The median home price in Paramus is higher at $570,000, compared to $184,000 in Wiggins.
- Renting a two-bedroom apartment costs more in Wiggins at $900 than in Paramus at $2,700.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Wiggins | Paramus |
---|---|---|
Electricity Price | $13.42 | $19.88 |
Natural Gas Price | $22.19 | $14.01 |
Other Utilities | $200 | $250 |
Utilities Comparison: Wiggins vs Paramus
- Paramus has higher electricity costs at $19.88 per kWh, versus $13.42 in Wiggins.
- Natural gas is more expensive in Wiggins at $22.19 per unit, while it is cheaper at $14.01 in Paramus.
- Paramus has higher utility expenses, averaging $250, while Wiggins averages $200.