Cost of Living: Thornton, CO vs Vernon, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Thornton | Vernon |
|---|---|---|
| Housing Index | 120.0 | 105.0 |
| Median Home Price | $483,000 | $350,000 |
| Average Rent (2 BR Apartment) | $2200 | $1800 |
| Average Rent (2 BR House) | $2256 | $1875 |
Housing Comparison: Thornton vs Vernon
- In Thornton, the median home price is higher at $483,000, while in Vernon it is $350,000.
- Renting a two-bedroom apartment costs more in Thornton at $2,200 than in Vernon 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 | Vernon |
|---|---|---|
| Electricity Price | $15.21 | $19.88 |
| Natural Gas Price | $11.3 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Thornton vs Vernon
- Vernon has higher electricity costs at $19.88 per kWh, versus $15.21 in Thornton.
- Vernon experiences higher natural gas costs at $14.01 per unit, with costs at $11.3 in Thornton.
- Utility expenses are equal in both Thornton and Vernon averaging $250.