Cost of Living: The colony, TX vs Lake elsinore, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | The colony | Lake elsinore |
|---|---|---|
| Housing Index | 110.0 | 120.5 |
| Median Home Price | $413,000 | $535,000 |
| Average Rent (2 BR Apartment) | $1900 | $2400 |
| Average Rent (2 BR House) | $2000 | $2425 |
Housing Comparison: The colony vs Lake elsinore
- The median home price in Lake elsinore is higher at $535,000, compared to $413,000 in The colony.
- In Lake elsinore, the rental for a two-bedroom apartment stands at $2,400, while it is $1,900 in The colony.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | The colony | Lake elsinore |
|---|---|---|
| Electricity Price | $14.47 | $32.99 |
| Natural Gas Price | $26.29 | $16.99 |
| Other Utilities | $250 | $280 |
Utilities Comparison: The colony vs Lake elsinore
- Lake elsinore has higher electricity costs at $32.99 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 $16.99 in Lake elsinore.
- Lake elsinore has higher utility expenses, averaging $280, while The colony averages $250.