Cost of Living: Caldwell, ID vs Southlake, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Caldwell | Southlake |
|---|---|---|
| Housing Index | 99.5 | 145.0 |
| Median Home Price | $360,000 | $668,000 |
| Average Rent (2 BR Apartment) | $1500 | $2800 |
| Average Rent (2 BR House) | $1596 | $2856 |
Housing Comparison: Caldwell vs Southlake
- The median home price in Southlake is higher at $668,000, compared to $360,000 in Caldwell.
- In Southlake, the rental for a two-bedroom apartment stands at $2,800, while it is $1,500 in Caldwell.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Caldwell | Southlake |
|---|---|---|
| Electricity Price | $12.28 | $14.47 |
| Natural Gas Price | $9.87 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Caldwell vs Southlake
- Southlake has higher electricity costs at $14.47 per kWh, versus $12.28 in Caldwell.
- Natural gas is more expensive in Caldwell at $9.87 per unit, while it is cheaper at $26.29 in Southlake.
- Utility expenses are equal in both Caldwell and Southlake averaging $250.