Cost of Living: Gallup, NM vs Denver, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gallup | Denver |
|---|---|---|
| Housing Index | 85.0 | 115.0 |
| Median Home Price | $230,000 | $631,000 |
| Average Rent (2 BR Apartment) | $1200 | $2400 |
| Average Rent (2 BR House) | $1360 | $2480 |
Housing Comparison: Gallup vs Denver
- The median home price in Denver is higher at $631,000, compared to $230,000 in Gallup.
- In Denver, the rental for a two-bedroom apartment stands at $2,400, while it is $1,200 in Gallup.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Gallup | Denver |
|---|---|---|
| Electricity Price | $14.44 | $15.21 |
| Natural Gas Price | $Data is updating | $11.3 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Gallup vs Denver
- Denver has higher electricity costs at $15.21 per kWh, versus $14.44 in Gallup.
- Natural gas price data is currently unavailable.
- Denver has higher utility expenses, averaging $250, while Gallup averages $200.