Cost of Living: Parker, SD vs The colony, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Parker | The colony |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $185,000 | $413,000 |
| Average Rent (2 BR Apartment) | $1200 | $1900 |
| Average Rent (2 BR House) | $1360 | $2000 |
Housing Comparison: Parker vs The colony
- The median home price in The colony is higher at $413,000, compared to $185,000 in Parker.
- In The colony, the rental for a two-bedroom apartment stands at $1,900, 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 | The colony |
|---|---|---|
| Electricity Price | $14.15 | $14.47 |
| Natural Gas Price | $10.63 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Parker vs The colony
- The colony has higher electricity costs at $14.47 per kWh, versus $14.15 in Parker.
- The colony experiences higher natural gas costs at $26.29 per unit, with costs at $10.63 in Parker.
- Utility expenses are equal in both Parker and The colony averaging $250.