Cost of Living: Austin, TX vs Lehi, UT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Austin | Lehi |
|---|---|---|
| Housing Index | 110.0 | 125.7 |
| Median Home Price | $572,000 | $493,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1840 | $1892 |
Housing Comparison: Austin vs Lehi
- In Austin, the median home price is higher at $572,000, while in Lehi it is $493,000.
- The rent for a two-bedroom apartment is equal in both Austin and Lehi at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Austin | Lehi |
|---|---|---|
| Electricity Price | $14.47 | $11.5 |
| Natural Gas Price | $26.29 | $14 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Austin vs Lehi
- Electricity costs are higher in Austin at $14.47 per kWh, compared to $11.5 in Lehi.
- Natural gas is more expensive in Austin at $26.29 per unit, while it is cheaper at $14 in Lehi.
- Lehi has higher utility expenses, averaging $250, while Austin averages $200.