Cost of Living: Compton, CA vs Palmyra, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Compton | Palmyra |
|---|---|---|
| Housing Index | 120.5 | 110.0 |
| Median Home Price | $529,000 | $185,000 |
| Average Rent (2 BR Apartment) | $2100 | $1600 |
| Average Rent (2 BR House) | $2160 | $1630 |
Housing Comparison: Compton vs Palmyra
- In Compton, the median home price is higher at $529,000, while in Palmyra it is $185,000.
- Renting a two-bedroom apartment costs more in Compton at $2,100 than in Palmyra at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Compton | Palmyra |
|---|---|---|
| Electricity Price | $32.99 | $26.08 |
| Natural Gas Price | $16.99 | $18.13 |
| Other Utilities | $250 | $275 |
Utilities Comparison: Compton vs Palmyra
- Electricity costs are higher in Compton at $32.99 per kWh, compared to $26.08 in Palmyra.
- Palmyra experiences higher natural gas costs at $18.13 per unit, with costs at $16.99 in Compton.
- Palmyra has higher utility expenses, averaging $275, while Compton averages $250.