Cost of Living: Cortez, CO vs Sterling, IL

Housing

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

Metric Cortez Sterling
Housing Index 90.0 90.0
Median Home Price $295,000 $137,000
Average Rent (2 BR Apartment) $1600 $1200
Average Rent (2 BR House) $1645 $1360

Housing Comparison: Cortez vs Sterling

  • In Cortez, the median home price is higher at $295,000, while in Sterling it is $137,000.
  • Renting a two-bedroom apartment costs more in Cortez at $1,600 than in Sterling 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 Cortez Sterling
Electricity Price $15.21 $16.15
Natural Gas Price $11.3 $16.59
Other Utilities $250 $250

Utilities Comparison: Cortez vs Sterling

  • Sterling has higher electricity costs at $16.15 per kWh, versus $15.21 in Cortez.
  • Sterling experiences higher natural gas costs at $16.59 per unit, with costs at $11.3 in Cortez.
  • Utility expenses are equal in both Cortez and Sterling averaging $250.