Cost of Living: Raton, NM vs Riverbank, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Raton | Riverbank |
|---|---|---|
| Housing Index | 90.0 | 120.5 |
| Median Home Price | $180,000 | $460,000 |
| Average Rent (2 BR Apartment) | $1200 | $2200 |
| Average Rent (2 BR House) | $1600 | $2240 |
Housing Comparison: Raton vs Riverbank
- The median home price in Riverbank is higher at $460,000, compared to $180,000 in Raton.
- In Riverbank, the rental for a two-bedroom apartment stands at $2,200, while it is $1,200 in Raton.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Raton | Riverbank |
|---|---|---|
| Electricity Price | $14.44 | $32.99 |
| Natural Gas Price | $Data is updating | $16.99 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Raton vs Riverbank
- Riverbank has higher electricity costs at $32.99 per kWh, versus $14.44 in Raton.
- Natural gas price data is currently unavailable.
- Riverbank has higher utility expenses, averaging $250, while Raton averages $200.