Cost of Living: Mcdonough, GA vs Colorado springs, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mcdonough | Colorado springs |
|---|---|---|
| Housing Index | 110.0 | 110.0 |
| Median Home Price | $278,000 | $499,000 |
| Average Rent (2 BR Apartment) | $1450 | $1700 |
| Average Rent (2 BR House) | $1485 | $1750 |
Housing Comparison: Mcdonough vs Colorado springs
- The median home price in Colorado springs is higher at $499,000, compared to $278,000 in Mcdonough.
- In Colorado springs, the rental for a two-bedroom apartment stands at $1,700, while it is $1,450 in Mcdonough.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mcdonough | Colorado springs |
|---|---|---|
| Electricity Price | $15.53 | $15.21 |
| Natural Gas Price | $27.53 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Mcdonough vs Colorado springs
- Electricity costs are higher in Mcdonough at $15.53 per kWh, compared to $15.21 in Colorado springs.
- Natural gas is more expensive in Mcdonough at $27.53 per unit, while it is cheaper at $11.3 in Colorado springs.
- Utility expenses are equal in both Mcdonough and Colorado springs averaging $250.