Cost of Living: Durango, CO vs Methuen, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Durango | Methuen |
|---|---|---|
| Housing Index | 110.0 | 120.0 |
| Median Home Price | $526,000 | $491,000 |
| Average Rent (2 BR Apartment) | $1800 | $2300 |
| Average Rent (2 BR House) | $1920 | $2400 |
Housing Comparison: Durango vs Methuen
- In Durango, the median home price is higher at $526,000, while in Methuen it is $491,000.
- In Methuen, the rental for a two-bedroom apartment stands at $2,300, while it is $1,800 in Durango.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Durango | Methuen |
|---|---|---|
| Electricity Price | $15.21 | $28.15 |
| Natural Gas Price | $11.3 | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Durango vs Methuen
- Methuen has higher electricity costs at $28.15 per kWh, versus $15.21 in Durango.
- Methuen experiences higher natural gas costs at $21.62 per unit, with costs at $11.3 in Durango.
- Utility expenses are equal in both Durango and Methuen averaging $250.