Cost of Living: Bailey, CO vs Commerce, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bailey | Commerce |
|---|---|---|
| Housing Index | 115.0 | 85.5 |
| Median Home Price | $489,000 | $256,000 |
| Average Rent (2 BR Apartment) | $1600 | $1200 |
| Average Rent (2 BR House) | $1640 | $1360 |
Housing Comparison: Bailey vs Commerce
- In Bailey, the median home price is higher at $489,000, while in Commerce it is $256,000.
- Renting a two-bedroom apartment costs more in Bailey at $1,600 than in Commerce at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Bailey | Commerce |
|---|---|---|
| Electricity Price | $15.21 | $15.53 |
| Natural Gas Price | $11.3 | $27.53 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Bailey vs Commerce
- Commerce has higher electricity costs at $15.53 per kWh, versus $15.21 in Bailey.
- Commerce experiences higher natural gas costs at $27.53 per unit, with costs at $11.3 in Bailey.
- Utility expenses are equal in both Bailey and Commerce averaging $200.