Cost of Living: Nevada, MO vs Redwood city, CA

Housing

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

Metric Nevada Redwood city
Housing Index 90.0 165.0
Median Home Price $160,000 $1,440,000
Average Rent (2 BR Apartment) $800 $3400
Average Rent (2 BR House) $850 $3446

Housing Comparison: Nevada vs Redwood city

  • The median home price in Redwood city is higher at $1,440,000, compared to $160,000 in Nevada.
  • Renting a two-bedroom apartment costs more in Nevada at $800 than in Redwood city at $3,400.

Utilities

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

Metric Nevada Redwood city
Electricity Price $14.64 $32.99
Natural Gas Price $23.25 $16.99
Other Utilities $200 $250

Utilities Comparison: Nevada vs Redwood city

  • Redwood city 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 Redwood city.
  • Redwood city has higher utility expenses, averaging $250, while Nevada averages $200.