Cost of Living: Parker, SD vs Spanish fork, UT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Parker | Spanish fork |
|---|---|---|
| Housing Index | 85.0 | 95.0 |
| Median Home Price | $185,000 | $512,000 |
| Average Rent (2 BR Apartment) | $1200 | $1450 |
| Average Rent (2 BR House) | $1360 | $1480 |
Housing Comparison: Parker vs Spanish fork
- The median home price in Spanish fork is higher at $512,000, compared to $185,000 in Parker.
- In Spanish fork, the rental for a two-bedroom apartment stands at $1,450, 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 | Spanish fork |
|---|---|---|
| Electricity Price | $14.15 | $11.5 |
| Natural Gas Price | $10.63 | $14 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Parker vs Spanish fork
- Electricity costs are higher in Parker at $14.15 per kWh, compared to $11.5 in Spanish fork.
- Spanish fork experiences higher natural gas costs at $14 per unit, with costs at $10.63 in Parker.
- Spanish fork has higher utility expenses, averaging $280, while Parker averages $250.