Cost of Living: Malad city, ID vs Colorado springs, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Malad city | Colorado springs |
|---|---|---|
| Housing Index | 95.0 | 110.0 |
| Median Home Price | $331,000 | $499,000 |
| Average Rent (2 BR Apartment) | $1200 | $1700 |
| Average Rent (2 BR House) | $1300 | $1750 |
Housing Comparison: Malad city vs Colorado springs
- The median home price in Colorado springs is higher at $499,000, compared to $331,000 in Malad city.
- In Colorado springs, the rental for a two-bedroom apartment stands at $1,700, while it is $1,200 in Malad city.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Malad city | Colorado springs |
|---|---|---|
| Electricity Price | $12.28 | $15.21 |
| Natural Gas Price | $9.87 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Malad city vs Colorado springs
- Colorado springs has higher electricity costs at $15.21 per kWh, versus $12.28 in Malad city.
- Natural gas is more expensive in Malad city at $9.87 per unit, while it is cheaper at $11.3 in Colorado springs.
- Utility expenses are equal in both Malad city and Colorado springs averaging $250.