Cost of Living: Peru, IN vs Albuquerque, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Peru | Albuquerque |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $152,000 | $272,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $820 | $1300 |
Housing Comparison: Peru vs Albuquerque
- The median home price in Albuquerque is higher at $272,000, compared to $152,000 in Peru.
- Renting a two-bedroom apartment costs more in Peru at $800 than in Albuquerque at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Peru | Albuquerque |
|---|---|---|
| Electricity Price | $14.89 | $14.44 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Peru vs Albuquerque
- Electricity costs are higher in Peru at $14.89 per kWh, compared to $14.44 in Albuquerque.
- Natural gas price data is currently unavailable.
- Albuquerque has higher utility expenses, averaging $250, while Peru averages $200.