Cost of Living: Colorado springs, CO vs Bangor, ME
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Colorado springs | Bangor |
|---|---|---|
| Housing Index | 110.0 | 110.5 |
| Median Home Price | $499,000 | $227,000 |
| Average Rent (2 BR Apartment) | $1700 | $1200 |
| Average Rent (2 BR House) | $1750 | $1300 |
Housing Comparison: Colorado springs vs Bangor
- In Colorado springs, the median home price is higher at $499,000, while in Bangor it is $227,000.
- Renting a two-bedroom apartment costs more in Colorado springs at $1,700 than in Bangor at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Colorado springs | Bangor |
|---|---|---|
| Electricity Price | $15.21 | $22.26 |
| Natural Gas Price | $11.3 | $21.63 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Colorado springs vs Bangor
- Bangor has higher electricity costs at $22.26 per kWh, versus $15.21 in Colorado springs.
- Bangor experiences higher natural gas costs at $21.63 per unit, with costs at $11.3 in Colorado springs.
- Utility expenses are equal in both Colorado springs and Bangor averaging $250.