Cost of Living: Colquitt, GA vs Torrance, CA

Housing

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

Metric Colquitt Torrance
Housing Index 75.0 135.0
Median Home Price $176,800 $1,030,000
Average Rent (2 BR Apartment) $1200 $2800
Average Rent (2 BR House) $1200 $2850

Housing Comparison: Colquitt vs Torrance

  • The median home price in Torrance is higher at $1,030,000, compared to $176,800 in Colquitt.
  • In Torrance, the rental for a two-bedroom apartment stands at $2,800, while it is $1,200 in Colquitt.

Utilities

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

Metric Colquitt Torrance
Electricity Price $15.53 $32.99
Natural Gas Price $27.53 $16.99
Other Utilities $200 $250

Utilities Comparison: Colquitt vs Torrance

  • Torrance has higher electricity costs at $32.99 per kWh, versus $15.53 in Colquitt.
  • Natural gas is more expensive in Colquitt at $27.53 per unit, while it is cheaper at $16.99 in Torrance.
  • Torrance has higher utility expenses, averaging $250, while Colquitt averages $200.