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.