Cost of Living: The colony, TX vs Wellington, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | The colony | Wellington |
|---|---|---|
| Housing Index | 110.0 | 115.0 |
| Median Home Price | $413,000 | $483,000 |
| Average Rent (2 BR Apartment) | $1900 | $2200 |
| Average Rent (2 BR House) | $2000 | $2245 |
Housing Comparison: The colony vs Wellington
- The median home price in Wellington is higher at $483,000, compared to $413,000 in The colony.
- In Wellington, the rental for a two-bedroom apartment stands at $2,200, 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 | Wellington |
|---|---|---|
| Electricity Price | $14.47 | $13.89 |
| Natural Gas Price | $26.29 | $26.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: The colony vs Wellington
- Electricity costs are higher in The colony at $14.47 per kWh, compared to $13.89 in Wellington.
- Natural gas is more expensive in The colony at $26.29 per unit, while it is cheaper at $26.13 in Wellington.
- Utility expenses are equal in both The colony and Wellington averaging $250.