Cost of Living: Erie, CO vs Fayetteville, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Erie | Fayetteville |
|---|---|---|
| Housing Index | 120.5 | 90.0 |
| Median Home Price | $574,000 | $264,000 |
| Average Rent (2 BR Apartment) | $2300 | $1200 |
| Average Rent (2 BR House) | $2400 | $1280 |
Housing Comparison: Erie vs Fayetteville
- In Erie, the median home price is higher at $574,000, while in Fayetteville it is $264,000.
- Renting a two-bedroom apartment costs more in Erie at $2,300 than in Fayetteville at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Erie | Fayetteville |
|---|---|---|
| Electricity Price | $15.21 | $13.72 |
| Natural Gas Price | $11.3 | $Data is updating |
| Other Utilities | $275 | $150 |
Utilities Comparison: Erie vs Fayetteville
- Electricity costs are higher in Erie at $15.21 per kWh, compared to $13.72 in Fayetteville.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Erie at an average of $275, compared to Fayetteville with $150.