Cost of Living: Phoenix, AZ vs Redwood city, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Phoenix | Redwood city |
|---|---|---|
| Housing Index | 115.0 | 165.0 |
| Median Home Price | $358,200 | $1,440,000 |
| Average Rent (2 BR Apartment) | $1800 | $3400 |
| Average Rent (2 BR House) | $1840 | $3446 |
Housing Comparison: Phoenix vs Redwood city
- The median home price in Redwood city is higher at $1,440,000, compared to $358,200 in Phoenix.
- In Redwood city, the rental for a two-bedroom apartment stands at $3,400, 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 | Redwood city |
|---|---|---|
| Electricity Price | $15.14 | $32.99 |
| Natural Gas Price | $23.51 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Phoenix vs Redwood city
- Redwood city has higher electricity costs at $32.99 per kWh, versus $15.14 in Phoenix.
- Natural gas is more expensive in Phoenix at $23.51 per unit, while it is cheaper at $16.99 in Redwood city.
- Utility expenses are equal in both Phoenix and Redwood city averaging $250.