Cost of Living: Grand junction, CO vs Hanover, NH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Grand junction | Hanover |
|---|---|---|
| Housing Index | 85.0 | 120.5 |
| Median Home Price | $420,000 | $401,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1360 | $1840 |
Housing Comparison: Grand junction vs Hanover
- In Grand junction, the median home price is higher at $420,000, while in Hanover it is $401,000.
- In Hanover, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Grand junction.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Grand junction | Hanover |
|---|---|---|
| Electricity Price | $15.21 | $22.44 |
| Natural Gas Price | $11.3 | $17.58 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Grand junction vs Hanover
- Hanover has higher electricity costs at $22.44 per kWh, versus $15.21 in Grand junction.
- Hanover experiences higher natural gas costs at $17.58 per unit, with costs at $11.3 in Grand junction.
- Hanover has higher utility expenses, averaging $250, while Grand junction averages $200.