Cost of Living: Warren, MI vs Broomfield, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Warren | Broomfield |
|---|---|---|
| Housing Index | 90.0 | 120.0 |
| Median Home Price | $200,000 | $587,000 |
| Average Rent (2 BR Apartment) | $1251 | $2087 |
| Average Rent (2 BR House) | $1360 | $2269 |
Housing Comparison: Warren vs Broomfield
- The median home price in Broomfield is higher at $587,000, compared to $200,000 in Warren.
- In Broomfield, the rental for a two-bedroom apartment stands at $2,087, while it is $1,251 in Warren.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Warren | Broomfield |
|---|---|---|
| Electricity Price | $19.88 | $15.21 |
| Natural Gas Price | $15.42 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Warren vs Broomfield
- Electricity costs are higher in Warren at $19.88 per kWh, compared to $15.21 in Broomfield.
- Natural gas is more expensive in Warren at $15.42 per unit, while it is cheaper at $11.3 in Broomfield.
- Utility expenses are equal in both Warren and Broomfield averaging $250.