Cost of Living: Grand junction, CO vs Lubbock, TX

Housing

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

Metric Grand junction Lubbock
Housing Index 85.0 85.0
Median Home Price $420,000 $232,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1360 $1280

Housing Comparison: Grand junction vs Lubbock

  • In Grand junction, the median home price is higher at $420,000, while in Lubbock it is $232,000.
  • The rent for a two-bedroom apartment is equal in both Grand junction and Lubbock 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 Grand junction Lubbock
Electricity Price $15.21 $14.47
Natural Gas Price $11.3 $26.29
Other Utilities $200 $260

Utilities Comparison: Grand junction vs Lubbock

  • Electricity costs are higher in Grand junction at $15.21 per kWh, compared to $14.47 in Lubbock.
  • Lubbock experiences higher natural gas costs at $26.29 per unit, with costs at $11.3 in Grand junction.
  • Lubbock has higher utility expenses, averaging $260, while Grand junction averages $200.