Cost of Living: Paramount, CA vs Omaha, NE
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Paramount | Omaha |
|---|---|---|
| Housing Index | 136.2 | 92.0 |
| Median Home Price | $589,000 | $305,000 |
| Average Rent (2 BR Apartment) | $2391 | $1266 |
| Average Rent (2 BR House) | $2599 | $1376 |
Housing Comparison: Paramount vs Omaha
- In Paramount, the median home price is higher at $589,000, while in Omaha it is $305,000.
- Renting a two-bedroom apartment costs more in Paramount at $2,391 than in Omaha at $1,266.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Paramount | Omaha |
|---|---|---|
| Electricity Price | $32.99 | $12.92 |
| Natural Gas Price | $16.99 | $13.89 |
| Other Utilities | $258 | $200 |
Utilities Comparison: Paramount vs Omaha
- Electricity costs are higher in Paramount at $32.99 per kWh, compared to $12.92 in Omaha.
- Natural gas is more expensive in Paramount at $16.99 per unit, while it is cheaper at $13.89 in Omaha.
- Other utility costs are higher in Paramount at an average of $258, compared to Omaha with $200.