Cost of Living: Broomfield, CO vs Phoenix, AZ
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Broomfield | Phoenix |
---|---|---|
Housing Index | 120.0 | 115.0 |
Median Home Price | $587,000 | $358,200 |
Average Rent (2 BR Apartment) | $2300 | $1800 |
Average Rent (2 BR House) | $2350 | $1840 |
Housing Comparison: Broomfield vs Phoenix
- In Broomfield, the median home price is higher at $587,000, while in Phoenix it is $358,200.
- Renting a two-bedroom apartment costs more in Broomfield at $2,300 than in Phoenix 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 | Phoenix |
---|---|---|
Electricity Price | $15.21 | $15.14 |
Natural Gas Price | $11.3 | $23.51 |
Other Utilities | $250 | $250 |
Utilities Comparison: Broomfield vs Phoenix
- Electricity costs are higher in Broomfield at $15.21 per kWh, compared to $15.14 in Phoenix.
- Phoenix experiences higher natural gas costs at $23.51 per unit, with costs at $11.3 in Broomfield.
- Utility expenses are equal in both Broomfield and Phoenix averaging $250.