Cost of Living: Central city, KY vs Durango, CO

Housing

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

Metric Central city Durango
Housing Index 90.0 110.0
Median Home Price $117,000 $526,000
Average Rent (2 BR Apartment) $1500 $1800
Average Rent (2 BR House) $1600 $1920

Housing Comparison: Central city vs Durango

  • The median home price in Durango is higher at $526,000, compared to $117,000 in Central city.
  • In Durango, the rental for a two-bedroom apartment stands at $1,800, while it is $1,500 in Central city.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Central city Durango
Electricity Price $12.87 $15.21
Natural Gas Price $22.78 $11.3
Other Utilities $250 $250

Utilities Comparison: Central city vs Durango

  • Durango has higher electricity costs at $15.21 per kWh, versus $12.87 in Central city.
  • Natural gas is more expensive in Central city at $22.78 per unit, while it is cheaper at $11.3 in Durango.
  • Utility expenses are equal in both Central city and Durango averaging $250.