Cost of Living: Raton, NM vs Erie, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Raton | Erie |
|---|---|---|
| Housing Index | 90.0 | 120.5 |
| Median Home Price | $180,000 | $574,000 |
| Average Rent (2 BR Apartment) | $1200 | $2300 |
| Average Rent (2 BR House) | $1600 | $2400 |
Housing Comparison: Raton vs Erie
- The median home price in Erie is higher at $574,000, compared to $180,000 in Raton.
- In Erie, the rental for a two-bedroom apartment stands at $2,300, while it is $1,200 in Raton.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Raton | Erie |
|---|---|---|
| Electricity Price | $14.44 | $15.21 |
| Natural Gas Price | $Data is updating | $11.3 |
| Other Utilities | $200 | $275 |
Utilities Comparison: Raton vs Erie
- Erie has higher electricity costs at $15.21 per kWh, versus $14.44 in Raton.
- Natural gas price data is currently unavailable.
- Erie has higher utility expenses, averaging $275, while Raton averages $200.