Cost of Living: Broomfield, CO vs Montgomery, NY

Housing

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

Metric Broomfield Montgomery
Housing Index 120.0 120.0
Median Home Price $587,000 $346,000
Average Rent (2 BR Apartment) $2300 $1800
Average Rent (2 BR House) $2350 $1880

Housing Comparison: Broomfield vs Montgomery

  • In Broomfield, the median home price is higher at $587,000, while in Montgomery it is $346,000.
  • Renting a two-bedroom apartment costs more in Broomfield at $2,300 than in Montgomery 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 Broomfield Montgomery
Electricity Price $15.21 $26.08
Natural Gas Price $11.3 $18.13
Other Utilities $250 $250

Utilities Comparison: Broomfield vs Montgomery

  • Montgomery has higher electricity costs at $26.08 per kWh, versus $15.21 in Broomfield.
  • Montgomery 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 Montgomery averaging $250.