Cost of Living: Canoga park, CA vs Southlake, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Canoga park | Southlake |
|---|---|---|
| Housing Index | 135.5 | 145.0 |
| Median Home Price | $750,000 | $668,000 |
| Average Rent (2 BR Apartment) | $2900 | $2800 |
| Average Rent (2 BR House) | $3000 | $2856 |
Housing Comparison: Canoga park vs Southlake
- In Canoga park, the median home price is higher at $750,000, while in Southlake it is $668,000.
- Renting a two-bedroom apartment costs more in Canoga park at $2,900 than in Southlake at $2,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Canoga park | Southlake |
|---|---|---|
| Electricity Price | $32.99 | $14.47 |
| Natural Gas Price | $16.99 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Canoga park vs Southlake
- Electricity costs are higher in Canoga park at $32.99 per kWh, compared to $14.47 in Southlake.
- Southlake experiences higher natural gas costs at $26.29 per unit, with costs at $16.99 in Canoga park.
- Utility expenses are equal in both Canoga park and Southlake averaging $250.