Cost of Living: Draper, UT vs Rensselaer, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Draper | Rensselaer |
|---|---|---|
| Housing Index | 120.3 | Data is updating |
| Median Home Price | $487,500 | $220,000 |
| Average Rent (2 BR Apartment) | $1900 | $Data is updating |
| Average Rent (2 BR House) | $1938 | $Data is updating |
Housing Comparison: Draper vs Rensselaer
- In Draper, the median home price is higher at $487,500, while in Rensselaer it is $220,000.
- The rent for a two-bedroom apartment is equal in both Draper and Rensselaer at $1,900.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Draper | Rensselaer |
|---|---|---|
| Electricity Price | $11.5 | $26.08 |
| Natural Gas Price | $14 | $18.13 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Draper vs Rensselaer
- Rensselaer has higher electricity costs at $26.08 per kWh, versus $11.5 in Draper.
- Rensselaer experiences higher natural gas costs at $18.13 per unit, with costs at $14 in Draper.
- Utility expenses are equal in both Draper and Rensselaer averaging $250.