Cost of Living: Hemet, CA vs Colorado springs, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hemet | Colorado springs |
|---|---|---|
| Housing Index | 120.5 | 110.0 |
| Median Home Price | $600,000 | $499,000 |
| Average Rent (2 BR Apartment) | $2100 | $1700 |
| Average Rent (2 BR House) | $2165 | $1750 |
Housing Comparison: Hemet vs Colorado springs
- In Hemet, the median home price is higher at $600,000, while in Colorado springs it is $499,000.
- Renting a two-bedroom apartment costs more in Hemet at $2,100 than in Colorado springs at $1,700.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hemet | Colorado springs |
|---|---|---|
| Electricity Price | $32.99 | $15.21 |
| Natural Gas Price | $16.99 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Hemet vs Colorado springs
- Electricity costs are higher in Hemet at $32.99 per kWh, compared to $15.21 in Colorado springs.
- Natural gas is more expensive in Hemet at $16.99 per unit, while it is cheaper at $11.3 in Colorado springs.
- Utility expenses are equal in both Hemet and Colorado springs averaging $250.