Cost of Living: Broomfield, CO vs Herkimer, NY

Housing

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

Metric Broomfield Herkimer
Housing Index 120.0 110.0
Median Home Price $587,000 $145,000
Average Rent (2 BR Apartment) $2300 $1200
Average Rent (2 BR House) $2350 $1225

Housing Comparison: Broomfield vs Herkimer

  • In Broomfield, the median home price is higher at $587,000, while in Herkimer it is $145,000.
  • Renting a two-bedroom apartment costs more in Broomfield at $2,300 than in Herkimer 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 Broomfield Herkimer
Electricity Price $15.21 $26.08
Natural Gas Price $11.3 $18.13
Other Utilities $250 $250

Utilities Comparison: Broomfield vs Herkimer

  • Herkimer has higher electricity costs at $26.08 per kWh, versus $15.21 in Broomfield.
  • Herkimer experiences higher natural gas costs at $18.13 per unit, with costs at $11.3 in Broomfield.
  • Utility expenses are equal in both Broomfield and Herkimer averaging $250.