Cost of Living: Denver, CO vs Hyrum, UT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Denver | Hyrum |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $631,000 | $350,000 |
| Average Rent (2 BR Apartment) | $2400 | $Data is updating |
| Average Rent (2 BR House) | $2480 | $Data is updating |
Housing Comparison: Denver vs Hyrum
- In Denver, the median home price is higher at $631,000, while in Hyrum it is $350,000.
- The rent for a two-bedroom apartment is equal in both Denver and Hyrum at $2,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Denver | Hyrum |
|---|---|---|
| Electricity Price | $15.21 | $11.5 |
| Natural Gas Price | $11.3 | $14 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Denver vs Hyrum
- Electricity costs are higher in Denver at $15.21 per kWh, compared to $11.5 in Hyrum.
- Hyrum experiences higher natural gas costs at $14 per unit, with costs at $11.3 in Denver.
- Utility expenses are equal in both Denver and Hyrum averaging $250.