Cost of Living: Thornton, CO vs Pequot lakes, MN
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Thornton | Pequot lakes |
---|---|---|
Housing Index | 120.0 | 90.0 |
Median Home Price | $483,000 | $290,000 |
Average Rent (2 BR Apartment) | $2200 | $1160 |
Average Rent (2 BR House) | $2256 | $1200 |
Housing Comparison: Thornton vs Pequot lakes
- In Thornton, the median home price is higher at $483,000, while in Pequot lakes it is $290,000.
- Renting a two-bedroom apartment costs more in Thornton at $2,200 than in Pequot lakes at $1,160.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Thornton | Pequot lakes |
---|---|---|
Electricity Price | $15.21 | $16.38 |
Natural Gas Price | $11.3 | $14.87 |
Other Utilities | $250 | $200 |
Utilities Comparison: Thornton vs Pequot lakes
- Pequot lakes has higher electricity costs at $16.38 per kWh, versus $15.21 in Thornton.
- Pequot lakes experiences higher natural gas costs at $14.87 per unit, with costs at $11.3 in Thornton.
- Other utility costs are higher in Thornton at an average of $250, compared to Pequot lakes with $200.