Cost of Living: Independence, MO vs Watkins, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Independence | Watkins |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $182,500 | $450,000 |
| Average Rent (2 BR Apartment) | $1050 | $Data is updating |
| Average Rent (2 BR House) | $840 | $Data is updating |
Housing Comparison: Independence vs Watkins
- The median home price in Watkins is higher at $450,000, compared to $182,500 in Independence.
- The rent for a two-bedroom apartment is equal in both Independence and Watkins at $1,050.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Independence | Watkins |
|---|---|---|
| Electricity Price | $14.64 | $15.21 |
| Natural Gas Price | $23.25 | $11.3 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Independence vs Watkins
- Watkins has higher electricity costs at $15.21 per kWh, versus $14.64 in Independence.
- Natural gas is more expensive in Independence at $23.25 per unit, while it is cheaper at $11.3 in Watkins.
- Utility expenses are equal in both Independence and Watkins averaging $250.