Cost of Living: New orleans, LA vs Denver, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New orleans | Denver |
|---|---|---|
| Housing Index | 112.0 | 115.0 |
| Median Home Price | $305,000 | $631,000 |
| Average Rent (2 BR Apartment) | $1500 | $2400 |
| Average Rent (2 BR House) | $1600 | $2480 |
Housing Comparison: New orleans vs Denver
- The median home price in Denver is higher at $631,000, compared to $305,000 in New orleans.
- In Denver, the rental for a two-bedroom apartment stands at $2,400, while it is $1,500 in New orleans.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | New orleans | Denver |
|---|---|---|
| Electricity Price | $11.42 | $15.21 |
| Natural Gas Price | $19.48 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: New orleans vs Denver
- Denver has higher electricity costs at $15.21 per kWh, versus $11.42 in New orleans.
- Natural gas is more expensive in New orleans at $19.48 per unit, while it is cheaper at $11.3 in Denver.
- Utility expenses are equal in both New orleans and Denver averaging $250.