Cost of Living: Greensboro, NC vs Draper, UT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Greensboro | Draper |
|---|---|---|
| Housing Index | 99.5 | 108.8 |
| Median Home Price | $303,000 | $487,500 |
| Average Rent (2 BR Apartment) | $1179 | $1640 |
| Average Rent (2 BR House) | $1281 | $1782 |
Housing Comparison: Greensboro vs Draper
- The median home price in Draper is higher at $487,500, compared to $303,000 in Greensboro.
- In Draper, the rental for a two-bedroom apartment stands at $1,640, while it is $1,179 in Greensboro.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Greensboro | Draper |
|---|---|---|
| Electricity Price | $13.72 | $11.5 |
| Natural Gas Price | $Data is updating | $14 |
| Other Utilities | $234 | $242 |
Utilities Comparison: Greensboro vs Draper
- Electricity costs are higher in Greensboro at $13.72 per kWh, compared to $11.5 in Draper.
- Natural gas price data is currently unavailable.
- Draper has higher utility expenses, averaging $242, while Greensboro averages $234.