Cost of Living: Meridian, ID vs Riverton, WY

Housing

The housing market plays a significant role in determining the cost of living.

Metric Meridian Riverton
Housing Index 115.0 90.0
Median Home Price $427,000 $263,000
Average Rent (2 BR Apartment) $1800 $1200
Average Rent (2 BR House) $1940 $1500

Housing Comparison: Meridian vs Riverton

  • In Meridian, the median home price is higher at $427,000, while in Riverton it is $263,000.
  • Renting a two-bedroom apartment costs more in Meridian at $1,800 than in Riverton at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Meridian Riverton
Electricity Price $12.28 $12.9
Natural Gas Price $9.87 $13.51
Other Utilities $250 $250

Utilities Comparison: Meridian vs Riverton

  • Riverton has higher electricity costs at $12.9 per kWh, versus $12.28 in Meridian.
  • Natural gas is more expensive in Meridian at $9.87 per unit, while it is cheaper at $13.51 in Riverton.
  • Utility expenses are equal in both Meridian and Riverton averaging $250.