Cost of Living: Phoenix, AZ vs Golden, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Phoenix | Golden |
|---|---|---|
| Housing Index | 115.0 | 125.0 |
| Median Home Price | $358,200 | $698,000 |
| Average Rent (2 BR Apartment) | $1800 | $2200 |
| Average Rent (2 BR House) | $1840 | $2240 |
Housing Comparison: Phoenix vs Golden
- The median home price in Golden is higher at $698,000, compared to $358,200 in Phoenix.
- In Golden, the rental for a two-bedroom apartment stands at $2,200, while it is $1,800 in Phoenix.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Phoenix | Golden |
|---|---|---|
| Electricity Price | $15.14 | $15.21 |
| Natural Gas Price | $23.51 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Phoenix vs Golden
- Golden has higher electricity costs at $15.21 per kWh, versus $15.14 in Phoenix.
- Natural gas is more expensive in Phoenix at $23.51 per unit, while it is cheaper at $11.3 in Golden.
- Utility expenses are equal in both Phoenix and Golden averaging $250.