Cost of Living: Draper, UT vs Watkins, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Draper | Watkins |
|---|---|---|
| Housing Index | 120.3 | Data is updating |
| Median Home Price | $487,500 | $450,000 |
| Average Rent (2 BR Apartment) | $1900 | $Data is updating |
| Average Rent (2 BR House) | $1938 | $Data is updating |
Housing Comparison: Draper vs Watkins
- In Draper, the median home price is higher at $487,500, while in Watkins it is $450,000.
- The rent for a two-bedroom apartment is equal in both Draper and Watkins 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 | Watkins |
|---|---|---|
| Electricity Price | $11.5 | $15.21 |
| Natural Gas Price | $14 | $11.3 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Draper vs Watkins
- Watkins has higher electricity costs at $15.21 per kWh, versus $11.5 in Draper.
- Natural gas is more expensive in Draper at $14 per unit, while it is cheaper at $11.3 in Watkins.
- Utility expenses are equal in both Draper and Watkins averaging $250.