Cost of Living: Golden, CO vs Ithaca, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Golden | Ithaca |
|---|---|---|
| Housing Index | 125.0 | 85.0 |
| Median Home Price | $698,000 | $184,000 |
| Average Rent (2 BR Apartment) | $2200 | $900 |
| Average Rent (2 BR House) | $2240 | $920 |
Housing Comparison: Golden vs Ithaca
- In Golden, the median home price is higher at $698,000, while in Ithaca it is $184,000.
- In Ithaca, the rental for a two-bedroom apartment stands at $900, while it is $2,200 in Golden.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Golden | Ithaca |
|---|---|---|
| Electricity Price | $15.21 | $19.88 |
| Natural Gas Price | $11.3 | $15.42 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Golden vs Ithaca
- Ithaca has higher electricity costs at $19.88 per kWh, versus $15.21 in Golden.
- Ithaca experiences higher natural gas costs at $15.42 per unit, with costs at $11.3 in Golden.
- Other utility costs are higher in Golden at an average of $250, compared to Ithaca with $200.