Cost of Living: Parker, SD vs Salt lake city, UT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Parker | Salt lake city |
|---|---|---|
| Housing Index | 85.0 | 125.0 |
| Median Home Price | $185,000 | $469,000 |
| Average Rent (2 BR Apartment) | $1200 | $1750 |
| Average Rent (2 BR House) | $1360 | $1950 |
Housing Comparison: Parker vs Salt lake city
- The median home price in Salt lake city is higher at $469,000, compared to $185,000 in Parker.
- In Salt lake city, the rental for a two-bedroom apartment stands at $1,750, while it is $1,200 in Parker.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Parker | Salt lake city |
|---|---|---|
| Electricity Price | $14.15 | $11.5 |
| Natural Gas Price | $10.63 | $14 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Parker vs Salt lake city
- Electricity costs are higher in Parker at $14.15 per kWh, compared to $11.5 in Salt lake city.
- Salt lake city experiences higher natural gas costs at $14 per unit, with costs at $10.63 in Parker.
- Utility expenses are equal in both Parker and Salt lake city averaging $250.