Cost of Living: Orem, UT vs Yonkers, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Orem | Yonkers |
|---|---|---|
| Housing Index | 110.0 | 120.0 |
| Median Home Price | $465,000 | $550,000 |
| Average Rent (2 BR Apartment) | $1600 | $2300 |
| Average Rent (2 BR House) | $1640 | $2400 |
Housing Comparison: Orem vs Yonkers
- The median home price in Yonkers is higher at $550,000, compared to $465,000 in Orem.
- In Yonkers, the rental for a two-bedroom apartment stands at $2,300, while it is $1,600 in Orem.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Orem | Yonkers |
|---|---|---|
| Electricity Price | $11.5 | $26.08 |
| Natural Gas Price | $14 | $18.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Orem vs Yonkers
- Yonkers has higher electricity costs at $26.08 per kWh, versus $11.5 in Orem.
- Yonkers experiences higher natural gas costs at $18.13 per unit, with costs at $14 in Orem.
- Utility expenses are equal in both Orem and Yonkers averaging $250.