Cost of Living: Flower mound, TX vs Irvine, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Flower mound | Irvine |
|---|---|---|
| Housing Index | 120.0 | 130.7 |
| Median Home Price | $515,000 | $1,181,909 |
| Average Rent (2 BR Apartment) | $2100 | $3200 |
| Average Rent (2 BR House) | $2040 | $3360 |
Housing Comparison: Flower mound vs Irvine
- The median home price in Irvine is higher at $1,181,909, compared to $515,000 in Flower mound.
- In Irvine, the rental for a two-bedroom apartment stands at $3,200, while it is $2,100 in Flower mound.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Flower mound | Irvine |
|---|---|---|
| Electricity Price | $14.47 | $32.99 |
| Natural Gas Price | $26.29 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Flower mound vs Irvine
- Irvine has higher electricity costs at $32.99 per kWh, versus $14.47 in Flower mound.
- Natural gas is more expensive in Flower mound at $26.29 per unit, while it is cheaper at $16.99 in Irvine.
- Utility expenses are equal in both Flower mound and Irvine averaging $250.