Cost of Living: Covina, CA vs Carmel, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Covina | Carmel |
|---|---|---|
| Housing Index | 120.0 | 120.5 |
| Median Home Price | $641,000 | $396,000 |
| Average Rent (2 BR Apartment) | $2400 | $1800 |
| Average Rent (2 BR House) | $2385 | $1830 |
Housing Comparison: Covina vs Carmel
- In Covina, the median home price is higher at $641,000, while in Carmel it is $396,000.
- Renting a two-bedroom apartment costs more in Covina at $2,400 than in Carmel at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Covina | Carmel |
|---|---|---|
| Electricity Price | $32.99 | $14.89 |
| Natural Gas Price | $16.99 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Covina vs Carmel
- Electricity costs are higher in Covina at $32.99 per kWh, compared to $14.89 in Carmel.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Covina and Carmel averaging $250.