Cost of Living: Simi valley, CA vs Palisade, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Simi valley | Palisade |
|---|---|---|
| Housing Index | 135.0 | Data is updating |
| Median Home Price | $650,000 | $215,000 |
| Average Rent (2 BR Apartment) | $2800 | $Data is updating |
| Average Rent (2 BR House) | $2850 | $Data is updating |
Housing Comparison: Simi valley vs Palisade
- In Simi valley, the median home price is higher at $650,000, while in Palisade it is $215,000.
- The rent for a two-bedroom apartment is equal in both Simi valley and Palisade at $2,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Simi valley | Palisade |
|---|---|---|
| Electricity Price | $32.99 | $16.38 |
| Natural Gas Price | $16.99 | $14.87 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Simi valley vs Palisade
- Electricity costs are higher in Simi valley at $32.99 per kWh, compared to $16.38 in Palisade.
- Natural gas is more expensive in Simi valley at $16.99 per unit, while it is cheaper at $14.87 in Palisade.
- Utility expenses are equal in both Simi valley and Palisade averaging $250.