Cost of Living: Commerce, GA vs Rio rancho, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Commerce | Rio rancho |
|---|---|---|
| Housing Index | 85.5 | 90.0 |
| Median Home Price | $256,000 | $331,000 |
| Average Rent (2 BR Apartment) | $1200 | $1300 |
| Average Rent (2 BR House) | $1360 | $1400 |
Housing Comparison: Commerce vs Rio rancho
- The median home price in Rio rancho is higher at $331,000, compared to $256,000 in Commerce.
- In Rio rancho, the rental for a two-bedroom apartment stands at $1,300, while it is $1,200 in Commerce.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Commerce | Rio rancho |
|---|---|---|
| Electricity Price | $15.53 | $14.44 |
| Natural Gas Price | $27.53 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Commerce vs Rio rancho
- Electricity costs are higher in Commerce at $15.53 per kWh, compared to $14.44 in Rio rancho.
- Natural gas price data is currently unavailable.
- Rio rancho has higher utility expenses, averaging $250, while Commerce averages $200.