Cost of Living: Lafayette, CA vs Montrose, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lafayette | Montrose |
|---|---|---|
| Housing Index | 183.0 | 110.0 |
| Median Home Price | $1,148,000 | $366,000 |
| Average Rent (2 BR Apartment) | $3150 | $1400 |
| Average Rent (2 BR House) | $3225 | $1450 |
Housing Comparison: Lafayette vs Montrose
- In Lafayette, the median home price is higher at $1,148,000, while in Montrose it is $366,000.
- Renting a two-bedroom apartment costs more in Lafayette at $3,150 than in Montrose at $1,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lafayette | Montrose |
|---|---|---|
| Electricity Price | $32.99 | $15.21 |
| Natural Gas Price | $16.99 | $11.3 |
| Other Utilities | $350 | $250 |
Utilities Comparison: Lafayette vs Montrose
- Electricity costs are higher in Lafayette at $32.99 per kWh, compared to $15.21 in Montrose.
- Natural gas is more expensive in Lafayette at $16.99 per unit, while it is cheaper at $11.3 in Montrose.
- Other utility costs are higher in Lafayette at an average of $350, compared to Montrose with $250.