Cost of Living: Malmo, NE vs Tatum, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Malmo | Tatum |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $172,000 | $150,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Malmo vs Tatum
- In Malmo, the median home price is higher at $172,000, while in Tatum it is $150,000.
- The rent for a two-bedroom apartment is equal in both Malmo and Tatum at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Malmo | Tatum |
|---|---|---|
| Electricity Price | $12.92 | $14.44 |
| Natural Gas Price | $13.89 | $Data is updating |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Malmo vs Tatum
- Tatum has higher electricity costs at $14.44 per kWh, versus $12.92 in Malmo.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Malmo and Tatum averaging $0.0.