Cost of Living: The colony, TX vs Kingman, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | The colony | Kingman |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $413,000 | $265,000 |
| Average Rent (2 BR Apartment) | $1900 | $1200 |
| Average Rent (2 BR House) | $2000 | $1360 |
Housing Comparison: The colony vs Kingman
- In The colony, the median home price is higher at $413,000, while in Kingman it is $265,000.
- Renting a two-bedroom apartment costs more in The colony at $1,900 than in Kingman at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | The colony | Kingman |
|---|---|---|
| Electricity Price | $14.47 | $15.14 |
| Natural Gas Price | $26.29 | $23.51 |
| Other Utilities | $250 | $250 |
Utilities Comparison: The colony vs Kingman
- Kingman has higher electricity costs at $15.14 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 $23.51 in Kingman.
- Utility expenses are equal in both The colony and Kingman averaging $250.