Cost of Living: Erie, CO vs Albany, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Erie | Albany |
|---|---|---|
| Housing Index | 120.5 | Data is updating |
| Median Home Price | $574,000 | $162,000 |
| Average Rent (2 BR Apartment) | $2300 | $Data is updating |
| Average Rent (2 BR House) | $2400 | $Data is updating |
Housing Comparison: Erie vs Albany
- In Erie, the median home price is higher at $574,000, while in Albany it is $162,000.
- The rent for a two-bedroom apartment is equal in both Erie and Albany at $2,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Erie | Albany |
|---|---|---|
| Electricity Price | $15.21 | $11.42 |
| Natural Gas Price | $11.3 | $19.48 |
| Other Utilities | $275 | $Data is updating |
Utilities Comparison: Erie vs Albany
- Electricity costs are higher in Erie at $15.21 per kWh, compared to $11.42 in Albany.
- Albany experiences higher natural gas costs at $19.48 per unit, with costs at $11.3 in Erie.
- Utility expenses are equal in both Erie and Albany averaging $275.