Cost of Living: The colony, TX vs Irving, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | The colony | Irving |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $413,000 | $121,000 |
| Average Rent (2 BR Apartment) | $1900 | $Data is updating |
| Average Rent (2 BR House) | $2000 | $Data is updating |
Housing Comparison: The colony vs Irving
- In The colony, the median home price is higher at $413,000, while in Irving it is $121,000.
- The rent for a two-bedroom apartment is equal in both The colony and Irving at $1,900.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | The colony | Irving |
|---|---|---|
| Electricity Price | $14.47 | $16.15 |
| Natural Gas Price | $26.29 | $16.59 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: The colony vs Irving
- Irving has higher electricity costs at $16.15 per kWh, versus $14.47 in The colony.
- Natural gas is more expensive in The colony at $26.29 per unit, while it is cheaper at $16.59 in Irving.
- Utility expenses are equal in both The colony and Irving averaging $250.