Cost of Living: Albuquerque, NM vs South salt lake, UT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albuquerque | South salt lake |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $272,000 | $400,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1300 | $Data is updating |
Housing Comparison: Albuquerque vs South salt lake
- The median home price in South salt lake is higher at $400,000, compared to $272,000 in Albuquerque.
- The rent for a two-bedroom apartment is equal in both Albuquerque and South salt lake at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Albuquerque | South salt lake |
|---|---|---|
| Electricity Price | $14.44 | $11.5 |
| Natural Gas Price | $Data is updating | $14 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Albuquerque vs South salt lake
- Electricity costs are higher in Albuquerque at $14.44 per kWh, compared to $11.5 in South salt lake.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Albuquerque and South salt lake averaging $250.