Cost of Living: Gallup, NM vs Colquitt, GA
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Gallup | Colquitt |
---|---|---|
Housing Index | 85.0 | 75.0 |
Median Home Price | $230,000 | $176,800 |
Average Rent (2 BR Apartment) | $1200 | $1200 |
Average Rent (2 BR House) | $1360 | $1200 |
Housing Comparison: Gallup vs Colquitt
- In Gallup, the median home price is higher at $230,000, while in Colquitt it is $176,800.
- The rent for a two-bedroom apartment is equal in both Gallup and Colquitt 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 | Gallup | Colquitt |
---|---|---|
Electricity Price | $14.44 | $15.53 |
Natural Gas Price | $Data is updating | $27.53 |
Other Utilities | $200 | $200 |
Utilities Comparison: Gallup vs Colquitt
- Colquitt has higher electricity costs at $15.53 per kWh, versus $14.44 in Gallup.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Gallup and Colquitt averaging $200.