Cost of Living: Red river, NM vs Howard, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Red river | Howard |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $241,000 | $400,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Red river vs Howard
- The median home price in Howard is higher at $400,000, compared to $241,000 in Red river.
- The rent for a two-bedroom apartment is equal in both Red river and Howard at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Red river | Howard |
|---|---|---|
| Electricity Price | $14.44 | $15.21 |
| Natural Gas Price | $Data is updating | $11.3 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Red river vs Howard
- Howard has higher electricity costs at $15.21 per kWh, versus $14.44 in Red river.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Red river and Howard averaging $0.0.