Cost of Living: Orem, UT vs Cape coral, FL

Housing

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

Metric Orem Cape coral
Housing Index 110.0 110.0
Median Home Price $465,000 $391,000
Average Rent (2 BR Apartment) $1600 $1800
Average Rent (2 BR House) $1640 $1840

Housing Comparison: Orem vs Cape coral

  • In Orem, the median home price is higher at $465,000, while in Cape coral it is $391,000.
  • In Cape coral, the rental for a two-bedroom apartment stands at $1,800, while it is $1,600 in Orem.

Utilities

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

Metric Orem Cape coral
Electricity Price $11.5 $13.89
Natural Gas Price $14 $26.13
Other Utilities $250 $250

Utilities Comparison: Orem vs Cape coral

  • Cape coral has higher electricity costs at $13.89 per kWh, versus $11.5 in Orem.
  • Cape coral experiences higher natural gas costs at $26.13 per unit, with costs at $14 in Orem.
  • Utility expenses are equal in both Orem and Cape coral averaging $250.