Cost of Living: Flower mound, TX vs New york, NY

Housing

The housing market plays a significant role in determining the cost of living.

Metric Flower mound New york
Housing Index 120.0 125.0
Median Home Price $515,000 $800,000
Average Rent (2 BR Apartment) $2100 $2800
Average Rent (2 BR House) $2040 $2880

Housing Comparison: Flower mound vs New york

  • The median home price in New york is higher at $800,000, compared to $515,000 in Flower mound.
  • In New york, the rental for a two-bedroom apartment stands at $2,800, 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 New york
Electricity Price $14.47 $26.08
Natural Gas Price $26.29 $18.13
Other Utilities $250 $250

Utilities Comparison: Flower mound vs New york

  • New york has higher electricity costs at $26.08 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 $18.13 in New york.
  • Utility expenses are equal in both Flower mound and New york averaging $250.