Cost of Living: Denver, CO vs Lockwood, MO

Housing

The housing market plays a significant role in determining the cost of living.

Metric Denver Lockwood
Housing Index 115.0 85.0
Median Home Price $631,000 $162,500
Average Rent (2 BR Apartment) $2400 $1200
Average Rent (2 BR House) $2480 $1240

Housing Comparison: Denver vs Lockwood

  • In Denver, the median home price is higher at $631,000, while in Lockwood it is $162,500.
  • Renting a two-bedroom apartment costs more in Denver at $2,400 than in Lockwood at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Denver Lockwood
Electricity Price $15.21 $14.64
Natural Gas Price $11.3 $23.25
Other Utilities $250 $150

Utilities Comparison: Denver vs Lockwood

  • Electricity costs are higher in Denver at $15.21 per kWh, compared to $14.64 in Lockwood.
  • Lockwood experiences higher natural gas costs at $23.25 per unit, with costs at $11.3 in Denver.
  • Other utility costs are higher in Denver at an average of $250, compared to Lockwood with $150.