Cost of Living: Ada, OK vs Erie, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ada | Erie |
|---|---|---|
| Housing Index | 78.0 | 120.5 |
| Median Home Price | $136,000 | $574,000 |
| Average Rent (2 BR Apartment) | $950 | $2300 |
| Average Rent (2 BR House) | $1025 | $2400 |
Housing Comparison: Ada vs Erie
- The median home price in Erie is higher at $574,000, compared to $136,000 in Ada.
- Renting a two-bedroom apartment costs more in Ada at $950 than in Erie at $2,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ada | Erie |
|---|---|---|
| Electricity Price | $12.37 | $15.21 |
| Natural Gas Price | $20.27 | $11.3 |
| Other Utilities | $200 | $275 |
Utilities Comparison: Ada vs Erie
- Erie has higher electricity costs at $15.21 per kWh, versus $12.37 in Ada.
- Natural gas is more expensive in Ada at $20.27 per unit, while it is cheaper at $11.3 in Erie.
- Erie has higher utility expenses, averaging $275, while Ada averages $200.