Cost of Living: Merced, CA vs Springville, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Merced | Springville |
|---|---|---|
| Housing Index | 115.0 | 110.2 |
| Median Home Price | $358,000 | $162,500 |
| Average Rent (2 BR Apartment) | $1800 | $1100 |
| Average Rent (2 BR House) | $1825 | $1120 |
Housing Comparison: Merced vs Springville
- In Merced, the median home price is higher at $358,000, while in Springville it is $162,500.
- Renting a two-bedroom apartment costs more in Merced at $1,800 than in Springville at $1,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Merced | Springville |
|---|---|---|
| Electricity Price | $32.99 | $26.08 |
| Natural Gas Price | $16.99 | $18.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Merced vs Springville
- Electricity costs are higher in Merced at $32.99 per kWh, compared to $26.08 in Springville.
- Springville experiences higher natural gas costs at $18.13 per unit, with costs at $16.99 in Merced.
- Utility expenses are equal in both Merced and Springville averaging $250.