Cost of Living: Iowa city, IA vs Parker, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Iowa city | Parker |
|---|---|---|
| Housing Index | 110.0 | 138.0 |
| Median Home Price | $305,000 | $560,000 |
| Average Rent (2 BR Apartment) | $1350 | $2200 |
| Average Rent (2 BR House) | $1393 | $2245 |
Housing Comparison: Iowa city vs Parker
- The median home price in Parker is higher at $560,000, compared to $305,000 in Iowa city.
- In Parker, the rental for a two-bedroom apartment stands at $2,200, while it is $1,350 in Iowa city.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Iowa city | Parker |
|---|---|---|
| Electricity Price | $14.82 | $15.21 |
| Natural Gas Price | $15.61 | $11.3 |
| Other Utilities | $250 | $290 |
Utilities Comparison: Iowa city vs Parker
- Parker has higher electricity costs at $15.21 per kWh, versus $14.82 in Iowa city.
- Natural gas is more expensive in Iowa city at $15.61 per unit, while it is cheaper at $11.3 in Parker.
- Parker has higher utility expenses, averaging $290, while Iowa city averages $250.