Cost of Living: Torrance, CA vs Lockney, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Torrance | Lockney |
|---|---|---|
| Housing Index | 135.0 | Data is updating |
| Median Home Price | $1,030,000 | $107,000 |
| Average Rent (2 BR Apartment) | $2800 | $Data is updating |
| Average Rent (2 BR House) | $2850 | $Data is updating |
Housing Comparison: Torrance vs Lockney
- In Torrance, the median home price is higher at $1,030,000, while in Lockney it is $107,000.
- The rent for a two-bedroom apartment is equal in both Torrance and Lockney at $2,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Torrance | Lockney |
|---|---|---|
| Electricity Price | $32.99 | $14.47 |
| Natural Gas Price | $16.99 | $26.29 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Torrance vs Lockney
- Electricity costs are higher in Torrance at $32.99 per kWh, compared to $14.47 in Lockney.
- Lockney experiences higher natural gas costs at $26.29 per unit, with costs at $16.99 in Torrance.
- Utility expenses are equal in both Torrance and Lockney averaging $250.