Cost of Living: Arvada, CO vs Palisade, MN

Housing

The housing market plays a significant role in determining the cost of living.

Metric Arvada Palisade
Housing Index 120.0 Data is updating
Median Home Price $477,000 $215,000
Average Rent (2 BR Apartment) $2000 $Data is updating
Average Rent (2 BR House) $2056 $Data is updating

Housing Comparison: Arvada vs Palisade

  • In Arvada, the median home price is higher at $477,000, while in Palisade it is $215,000.
  • The rent for a two-bedroom apartment is equal in both Arvada and Palisade at $2,000.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Arvada Palisade
Electricity Price $15.21 $16.38
Natural Gas Price $11.3 $14.87
Other Utilities $250 $Data is updating

Utilities Comparison: Arvada vs Palisade

  • Palisade has higher electricity costs at $16.38 per kWh, versus $15.21 in Arvada.
  • Palisade experiences higher natural gas costs at $14.87 per unit, with costs at $11.3 in Arvada.
  • Utility expenses are equal in both Arvada and Palisade averaging $250.