Cost of Living: Albany, NY vs Golden, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albany | Golden |
|---|---|---|
| Housing Index | 120.0 | 125.0 |
| Median Home Price | $282,000 | $698,000 |
| Average Rent (2 BR Apartment) | $2200 | $2200 |
| Average Rent (2 BR House) | $2496 | $2240 |
Housing Comparison: Albany vs Golden
- The median home price in Golden is higher at $698,000, compared to $282,000 in Albany.
- The rent for a two-bedroom apartment is equal in both Albany and Golden at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Albany | Golden |
|---|---|---|
| Electricity Price | $26.08 | $15.21 |
| Natural Gas Price | $18.13 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Albany vs Golden
- Electricity costs are higher in Albany at $26.08 per kWh, compared to $15.21 in Golden.
- Natural gas is more expensive in Albany at $18.13 per unit, while it is cheaper at $11.3 in Golden.
- Utility expenses are equal in both Albany and Golden averaging $250.