Cost of Living: Prescott, AZ vs Garland, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Prescott | Garland |
|---|---|---|
| Housing Index | 110.0 | 110.0 |
| Median Home Price | $531,000 | $240,000 |
| Average Rent (2 BR Apartment) | $1800 | $1600 |
| Average Rent (2 BR House) | $1840 | $1640 |
Housing Comparison: Prescott vs Garland
- In Prescott, the median home price is higher at $531,000, while in Garland it is $240,000.
- Renting a two-bedroom apartment costs more in Prescott at $1,800 than in Garland at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Prescott | Garland |
|---|---|---|
| Electricity Price | $15.14 | $14.47 |
| Natural Gas Price | $23.51 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Prescott vs Garland
- Electricity costs are higher in Prescott at $15.14 per kWh, compared to $14.47 in Garland.
- Garland experiences higher natural gas costs at $26.29 per unit, with costs at $23.51 in Prescott.
- Utility expenses are equal in both Prescott and Garland averaging $250.