Cost of Living: Elgin, IA vs Albuquerque, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Elgin | Albuquerque |
|---|---|---|
| Housing Index | Data is updating | 90.0 |
| Median Home Price | $175,000 | $272,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1300 |
Housing Comparison: Elgin vs Albuquerque
- The median home price in Albuquerque is higher at $272,000, compared to $175,000 in Elgin.
- The rent for a two-bedroom apartment is equal in both Elgin and Albuquerque at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Elgin | Albuquerque |
|---|---|---|
| Electricity Price | $14.82 | $14.44 |
| Natural Gas Price | $15.61 | $Data is updating |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Elgin vs Albuquerque
- Electricity costs are higher in Elgin at $14.82 per kWh, compared to $14.44 in Albuquerque.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Elgin and Albuquerque averaging $0.0.