Cost of Living: Norfolk, VA vs Merced, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Norfolk | Merced |
|---|---|---|
| Housing Index | 110.0 | 115.0 |
| Median Home Price | $292,000 | $358,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1840 | $1825 |
Housing Comparison: Norfolk vs Merced
- The median home price in Merced is higher at $358,000, compared to $292,000 in Norfolk.
- The rent for a two-bedroom apartment is equal in both Norfolk and Merced at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Norfolk | Merced |
|---|---|---|
| Electricity Price | $15.31 | $32.99 |
| Natural Gas Price | $19.91 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Norfolk vs Merced
- Merced has higher electricity costs at $32.99 per kWh, versus $15.31 in Norfolk.
- Natural gas is more expensive in Norfolk at $19.91 per unit, while it is cheaper at $16.99 in Merced.
- Utility expenses are equal in both Norfolk and Merced averaging $250.