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.