Cost of Living: Simi valley, CA vs Southlake, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Simi valley | Southlake |
|---|---|---|
| Housing Index | 135.0 | 145.0 |
| Median Home Price | $650,000 | $668,000 |
| Average Rent (2 BR Apartment) | $2800 | $2800 |
| Average Rent (2 BR House) | $2850 | $2856 |
Housing Comparison: Simi valley vs Southlake
- The median home price in Southlake is higher at $668,000, compared to $650,000 in Simi valley.
- The rent for a two-bedroom apartment is equal in both Simi valley and Southlake 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 | Southlake |
|---|---|---|
| Electricity Price | $32.99 | $14.47 |
| Natural Gas Price | $16.99 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Simi valley vs Southlake
- Electricity costs are higher in Simi valley at $32.99 per kWh, compared to $14.47 in Southlake.
- Southlake experiences higher natural gas costs at $26.29 per unit, with costs at $16.99 in Simi valley.
- Utility expenses are equal in both Simi valley and Southlake averaging $250.