Cost of Living: Fort morgan, CO vs Reno, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fort morgan | Reno |
|---|---|---|
| Housing Index | 85.0 | 120.0 |
| Median Home Price | $308,000 | $458,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1240 | $1900 |
Housing Comparison: Fort morgan vs Reno
- The median home price in Reno is higher at $458,000, compared to $308,000 in Fort morgan.
- In Reno, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Fort morgan.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Fort morgan | Reno |
|---|---|---|
| Electricity Price | $15.21 | $15.5 |
| Natural Gas Price | $11.3 | $20.66 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Fort morgan vs Reno
- Reno has higher electricity costs at $15.5 per kWh, versus $15.21 in Fort morgan.
- Reno experiences higher natural gas costs at $20.66 per unit, with costs at $11.3 in Fort morgan.
- Utility expenses are equal in both Fort morgan and Reno averaging $250.