Cost of Living: Boca raton, FL vs Rio rancho, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Boca raton | Rio rancho |
|---|---|---|
| Housing Index | 125.0 | 90.0 |
| Median Home Price | $476,000 | $331,000 |
| Average Rent (2 BR Apartment) | $2200 | $1300 |
| Average Rent (2 BR House) | $2250 | $1400 |
Housing Comparison: Boca raton vs Rio rancho
- In Boca raton, the median home price is higher at $476,000, while in Rio rancho it is $331,000.
- Renting a two-bedroom apartment costs more in Boca raton at $2,200 than in Rio rancho at $1,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Boca raton | Rio rancho |
|---|---|---|
| Electricity Price | $13.89 | $14.44 |
| Natural Gas Price | $26.13 | $Data is updating |
| Other Utilities | $280 | $250 |
Utilities Comparison: Boca raton vs Rio rancho
- Rio rancho has higher electricity costs at $14.44 per kWh, versus $13.89 in Boca raton.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Boca raton at an average of $280, compared to Rio rancho with $250.