Cost of Living: Springfield, OR vs Las vegas, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springfield | Las vegas |
|---|---|---|
| Housing Index | 110.0 | 110.5 |
| Median Home Price | $420,000 | $462,500 |
| Average Rent (2 BR Apartment) | $1500 | $1600 |
| Average Rent (2 BR House) | $1580 | $1640 |
Housing Comparison: Springfield vs Las vegas
- The median home price in Las vegas is higher at $462,500, compared to $420,000 in Springfield.
- In Las vegas, the rental for a two-bedroom apartment stands at $1,600, while it is $1,500 in Springfield.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Springfield | Las vegas |
|---|---|---|
| Electricity Price | $15.12 | $15.5 |
| Natural Gas Price | $16.5 | $20.66 |
| Other Utilities | $230 | $250 |
Utilities Comparison: Springfield vs Las vegas
- Las vegas has higher electricity costs at $15.5 per kWh, versus $15.12 in Springfield.
- Las vegas experiences higher natural gas costs at $20.66 per unit, with costs at $16.5 in Springfield.
- Las vegas has higher utility expenses, averaging $250, while Springfield averages $230.