Cost of Living: Albuquerque, NM vs Fremont, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albuquerque | Fremont |
|---|---|---|
| Housing Index | 90.0 | 160.0 |
| Median Home Price | $272,000 | $1,035,000 |
| Average Rent (2 BR Apartment) | $1200 | $3000 |
| Average Rent (2 BR House) | $1300 | $3200 |
Housing Comparison: Albuquerque vs Fremont
- The median home price in Fremont is higher at $1,035,000, compared to $272,000 in Albuquerque.
- In Fremont, the rental for a two-bedroom apartment stands at $3,000, while it is $1,200 in Albuquerque.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Albuquerque | Fremont |
|---|---|---|
| Electricity Price | $14.44 | $32.99 |
| Natural Gas Price | $Data is updating | $16.99 |
| Other Utilities | $250 | $350 |
Utilities Comparison: Albuquerque vs Fremont
- Fremont has higher electricity costs at $32.99 per kWh, versus $14.44 in Albuquerque.
- Natural gas price data is currently unavailable.
- Fremont has higher utility expenses, averaging $350, while Albuquerque averages $250.