Cost of Living: Nevada, MO vs Belmont, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Nevada | Belmont |
|---|---|---|
| Housing Index | 90.0 | 165.0 |
| Median Home Price | $160,000 | $1,360,000 |
| Average Rent (2 BR Apartment) | $800 | $3200 |
| Average Rent (2 BR House) | $850 | $3400 |
Housing Comparison: Nevada vs Belmont
- The median home price in Belmont is higher at $1,360,000, compared to $160,000 in Nevada.
- Renting a two-bedroom apartment costs more in Nevada at $800 than in Belmont at $3,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Nevada | Belmont |
|---|---|---|
| Electricity Price | $14.64 | $32.99 |
| Natural Gas Price | $23.25 | $16.99 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Nevada vs Belmont
- Belmont has higher electricity costs at $32.99 per kWh, versus $14.64 in Nevada.
- Natural gas is more expensive in Nevada at $23.25 per unit, while it is cheaper at $16.99 in Belmont.
- Belmont has higher utility expenses, averaging $250, while Nevada averages $200.