Cost of Living: Orem, UT vs Cresco, PA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Orem | Cresco |
|---|---|---|
| Housing Index | 110.0 | 110.0 |
| Median Home Price | $465,000 | $255,000 |
| Average Rent (2 BR Apartment) | $1600 | $1600 |
| Average Rent (2 BR House) | $1640 | $1640 |
Housing Comparison: Orem vs Cresco
- In Orem, the median home price is higher at $465,000, while in Cresco it is $255,000.
- The rent for a two-bedroom apartment is equal in both Orem and Cresco at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Orem | Cresco |
|---|---|---|
| Electricity Price | $11.5 | $17.68 |
| Natural Gas Price | $14 | $17.61 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Orem vs Cresco
- Cresco has higher electricity costs at $17.68 per kWh, versus $11.5 in Orem.
- Cresco experiences higher natural gas costs at $17.61 per unit, with costs at $14 in Orem.
- Utility expenses are equal in both Orem and Cresco averaging $250.