Cost of Living: Rockingham, NC vs Paterson, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rockingham | Paterson |
|---|---|---|
| Housing Index | 99.5 | 118.8 |
| Median Home Price | $199,000 | $357,000 |
| Average Rent (2 BR Apartment) | $1603 | $2586 |
| Average Rent (2 BR House) | $1742 | $2811 |
Housing Comparison: Rockingham vs Paterson
- The median home price in Paterson is higher at $357,000, compared to $199,000 in Rockingham.
- In Paterson, the rental for a two-bedroom apartment stands at $2,586, while it is $1,603 in Rockingham.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Rockingham | Paterson |
|---|---|---|
| Electricity Price | $13.72 | $19.88 |
| Natural Gas Price | $Data is updating | $14.01 |
| Other Utilities | $234 | $261 |
Utilities Comparison: Rockingham vs Paterson
- Paterson has higher electricity costs at $19.88 per kWh, versus $13.72 in Rockingham.
- Natural gas price data is currently unavailable.
- Paterson has higher utility expenses, averaging $261, while Rockingham averages $234.