Cost of Living: Thornton, CO vs New bedford, MA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Thornton New bedford
Housing Index 120.0 105.0
Median Home Price $483,000 $405,000
Average Rent (2 BR Apartment) $2200 $1800
Average Rent (2 BR House) $2256 $1856

Housing Comparison: Thornton vs New bedford

  • In Thornton, the median home price is higher at $483,000, while in New bedford it is $405,000.
  • Renting a two-bedroom apartment costs more in Thornton at $2,200 than in New bedford at $1,800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Thornton New bedford
Electricity Price $15.21 $28.15
Natural Gas Price $11.3 $21.62
Other Utilities $250 $250

Utilities Comparison: Thornton vs New bedford

  • New bedford has higher electricity costs at $28.15 per kWh, versus $15.21 in Thornton.
  • New bedford experiences higher natural gas costs at $21.62 per unit, with costs at $11.3 in Thornton.
  • Utility expenses are equal in both Thornton and New bedford averaging $250.