Cost of Living: Mount juliet, TN vs Colorado springs, CO

Housing

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

Metric Mount juliet Colorado springs
Housing Index 95.0 110.0
Median Home Price $364,000 $499,000
Average Rent (2 BR Apartment) $1600 $1700
Average Rent (2 BR House) $1600 $1750

Housing Comparison: Mount juliet vs Colorado springs

  • The median home price in Colorado springs is higher at $499,000, compared to $364,000 in Mount juliet.
  • In Colorado springs, the rental for a two-bedroom apartment stands at $1,700, while it is $1,600 in Mount juliet.

Utilities

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

Metric Mount juliet Colorado springs
Electricity Price $12.57 $15.21
Natural Gas Price $12.35 $11.3
Other Utilities $250 $250

Utilities Comparison: Mount juliet vs Colorado springs

  • Colorado springs has higher electricity costs at $15.21 per kWh, versus $12.57 in Mount juliet.
  • Natural gas is more expensive in Mount juliet at $12.35 per unit, while it is cheaper at $11.3 in Colorado springs.
  • Utility expenses are equal in both Mount juliet and Colorado springs averaging $250.