Cost of Living: Denver, CO vs Norman, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Denver | Norman |
|---|---|---|
| Housing Index | 115.0 | 85.5 |
| Median Home Price | $631,000 | $265,000 |
| Average Rent (2 BR Apartment) | $2400 | $1100 |
| Average Rent (2 BR House) | $2480 | $1200 |
Housing Comparison: Denver vs Norman
- In Denver, the median home price is higher at $631,000, while in Norman it is $265,000.
- Renting a two-bedroom apartment costs more in Denver at $2,400 than in Norman at $1,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Denver | Norman |
|---|---|---|
| Electricity Price | $15.21 | $12.37 |
| Natural Gas Price | $11.3 | $20.27 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Denver vs Norman
- Electricity costs are higher in Denver at $15.21 per kWh, compared to $12.37 in Norman.
- Norman experiences higher natural gas costs at $20.27 per unit, with costs at $11.3 in Denver.
- Utility expenses are equal in both Denver and Norman averaging $250.