Cost of Living: Grand junction, CO vs Lubbock, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Grand junction | Lubbock |
|---|---|---|
| Housing Index | 85.0 | 98.2 |
| Median Home Price | $420,000 | $232,000 |
| Average Rent (2 BR Apartment) | $1314 | $1563 |
| Average Rent (2 BR House) | $1428 | $1699 |
Housing Comparison: Grand junction vs Lubbock
- In Grand junction, the median home price is higher at $420,000, while in Lubbock it is $232,000.
- In Lubbock, the rental for a two-bedroom apartment stands at $1,563, while it is $1,314 in Grand junction.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Grand junction | Lubbock |
|---|---|---|
| Electricity Price | $15.21 | $14.47 |
| Natural Gas Price | $11.3 | $26.29 |
| Other Utilities | $200 | $235 |
Utilities Comparison: Grand junction vs Lubbock
- Electricity costs are higher in Grand junction at $15.21 per kWh, compared to $14.47 in Lubbock.
- Lubbock experiences higher natural gas costs at $26.29 per unit, with costs at $11.3 in Grand junction.
- Lubbock has higher utility expenses, averaging $235, while Grand junction averages $200.