Cost of Living: Longmont, CO vs Chico, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Longmont | Chico |
|---|---|---|
| Housing Index | 115.0 | 110.0 |
| Median Home Price | $579,000 | $436,000 |
| Average Rent (2 BR Apartment) | $2000 | $1800 |
| Average Rent (2 BR House) | $2069 | $1840 |
Housing Comparison: Longmont vs Chico
- In Longmont, the median home price is higher at $579,000, while in Chico it is $436,000.
- Renting a two-bedroom apartment costs more in Longmont at $2,000 than in Chico at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Longmont | Chico |
|---|---|---|
| Electricity Price | $15.21 | $32.99 |
| Natural Gas Price | $11.3 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Longmont vs Chico
- Chico has higher electricity costs at $32.99 per kWh, versus $15.21 in Longmont.
- Chico experiences higher natural gas costs at $16.99 per unit, with costs at $11.3 in Longmont.
- Utility expenses are equal in both Longmont and Chico averaging $250.