Cost of Living: Orem, UT vs Raven, VA

Housing

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

Metric Orem Raven
Housing Index 110.0 Data is updating
Median Home Price $465,000 $166,000
Average Rent (2 BR Apartment) $1600 $Data is updating
Average Rent (2 BR House) $1640 $Data is updating

Housing Comparison: Orem vs Raven

  • In Orem, the median home price is higher at $465,000, while in Raven it is $166,000.
  • The rent for a two-bedroom apartment is equal in both Orem and Raven 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 Raven
Electricity Price $11.5 $15.31
Natural Gas Price $14 $19.91
Other Utilities $250 $Data is updating

Utilities Comparison: Orem vs Raven

  • Raven has higher electricity costs at $15.31 per kWh, versus $11.5 in Orem.
  • Raven experiences higher natural gas costs at $19.91 per unit, with costs at $14 in Orem.
  • Utility expenses are equal in both Orem and Raven averaging $250.