Cost of Living: Prescott, AZ vs Boulder, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Prescott | Boulder |
|---|---|---|
| Housing Index | 110.0 | 140.0 |
| Median Home Price | $531,000 | $730,000 |
| Average Rent (2 BR Apartment) | $1800 | $2500 |
| Average Rent (2 BR House) | $1840 | $2557 |
Housing Comparison: Prescott vs Boulder
- The median home price in Boulder is higher at $730,000, compared to $531,000 in Prescott.
- In Boulder, the rental for a two-bedroom apartment stands at $2,500, while it is $1,800 in Prescott.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Prescott | Boulder |
|---|---|---|
| Electricity Price | $15.14 | $15.21 |
| Natural Gas Price | $23.51 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Prescott vs Boulder
- Boulder has higher electricity costs at $15.21 per kWh, versus $15.14 in Prescott.
- Natural gas is more expensive in Prescott at $23.51 per unit, while it is cheaper at $11.3 in Boulder.
- Utility expenses are equal in both Prescott and Boulder averaging $250.