Cost of Living: Columbia, MO vs Torrance, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Columbia | Torrance |
|---|---|---|
| Housing Index | 85.0 | 135.0 |
| Median Home Price | $295,000 | $1,030,000 |
| Average Rent (2 BR Apartment) | $1200 | $2800 |
| Average Rent (2 BR House) | $1360 | $2850 |
Housing Comparison: Columbia vs Torrance
- The median home price in Torrance is higher at $1,030,000, compared to $295,000 in Columbia.
- In Torrance, the rental for a two-bedroom apartment stands at $2,800, while it is $1,200 in Columbia.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Columbia | Torrance |
|---|---|---|
| Electricity Price | $14.64 | $32.99 |
| Natural Gas Price | $23.25 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Columbia vs Torrance
- Torrance has higher electricity costs at $32.99 per kWh, versus $14.64 in Columbia.
- Natural gas is more expensive in Columbia at $23.25 per unit, while it is cheaper at $16.99 in Torrance.
- Utility expenses are equal in both Columbia and Torrance averaging $250.