From Budgeting to Bills: A Cost Comparison of Broomfield and Longmont

If you’re contemplating a move within the Rocky Mountain state, chances are you’ve considered Broomfield or Longmont. Both cities, with their unique charm and quality of life, have a lot to offer. But what about the cost of living? How does Broomfield compare to Longmont when it comes to daily expenses? As Colorado movers, we’ve helped countless families and individuals settle in their new homes, and we understand how vital cost considerations are. In this article, we’ll do a cost comparison between Broomfield and Longmont, spanning food, housing, utilities, transportation, healthcare, and education. So, let’s dive in and make your decision a little easier!

Cost of Food

Understanding food costs is an integral part of planning a move. Whether you prefer dining out or cooking at home, knowing the prices in your new city can help you budget effectively. Here, we break down the food costs in Broomfield and Longmont, taking a look at both restaurant prices and grocery expenses.

groceries in store
When doing a cost comparison of Broomfield and Longmont, one of the first things you need to check is food costs

Broomfield Food Cost Analysis

Movers in Broomfield should anticipate restaurant costs such as a typical lunch menu at around $16.7, a dinner for two averaging $60.1, and a fast food meal equivalent to McDonald’s at $8.75. For those who prefer a drink, a beer in a pub would cost around $5, while a cappuccino and a soft drink like Pepsi/Coke would cost $4.4 and $2.14, respectively. When it comes to groceries, expect to pay $1.05 for a liter of milk, $2.97 for a half kg of bread, and $3.94 for a kg of rice. A dozen eggs cost $3.68, and the prices for a kg of cheese, chicken breast, and round steak are $11.1, $11.2, and $14.1, respectively. Lastly, a kg of apples would cost you around $4.65.

Longmont Food Cost Analysis

For Longmont movers, dining out would generally cost slightly more. A typical lunch menu is around $19.8, a dinner for two can reach up to $140, and a fast food meal would cost you about $8.58. Beverage-wise, a beer in a pub is about $4, a cappuccino costs $6.37, and a soft drink like Pepsi/Coke is priced at $2.15. On the grocery front, a liter of milk costs $0.99, half a kg of bread is priced at $4.03, and a kg of rice costs you $3.54. For a dozen eggs, the price is $3.7. As for the prices of a kg of cheese, chicken breast, and round steak, they are $9.07, $17.8, and $17.5, respectively. Finally, a kg of apples in Longmont is around $8.74.

Evaluating Housing Expenses

One of the most substantial expenses to consider when relocating is housing. The price of homes and the speed of the real estate market can significantly impact your budget and moving plans. In this section, we compare the housing markets in Broomfield and Longmont to give you a clearer idea of what to expect.

Broomfield Housing Market

For those considering movers in Broomfield, note that the housing market here is very competitive. Homes typically receive 2 offers and sell in around 13 days. The median sale price for a home in Broomfield last month was $638K, down 0.85% from last year. The median sale price per square foot stands at $246, a 6.6% decrease compared to the previous year. In May 2023, Broomfield home prices fell slightly by 0.85%, with 95 homes sold, marking a decrease from 102 sales the previous year.

residential area
Broomfield has a higher median home value than Longmont

Longmont Housing Market

For those moving with Longmont movers, it’s important to understand that the housing market is somewhat competitive. Homes typically receive 2 offers on average and sell in approximately 26 days. The median sale price of a home in Longmont last month was $588K, marking a 1.1% increase from the previous year. The median sale price per square foot is $245, down 4.8% compared to last year. In May 2023, Longmont saw a slight increase in home prices by 1.1%, with 144 homes sold, a decline from 174 sales last year.

Understanding Utility Bills

Apart from housing, utilities constitute a significant portion of monthly expenses. Before you hire local movers CO, we’ll compare the cost of utilities in Broomfield and Longmont, including the costs for single individuals and families, as well as the price of an internet plan.

Utilities in Broomfield

In Broomfield, the utility bill for a single person, covering electricity, heating, water, and more, averages around $111 per month. For a family, this cost increases to approximately $169 per month. For those reliant on the internet, a 50 Mbps+ unlimited internet plan will cost around $67.7 per month.

Utilities in Longmont

Those moving to Longmont should expect slightly higher utility costs. A single person’s utility bill averages around $116, while a family’s utilities would cost about $179 per month. However, Longmont offers a more affordable internet plan, with a 50 Mbps+ unlimited option costing about $53.8 per month.

Assessing Transportation Costs

Transportation costs are another critical factor when considering a move. Whether you rely on public transport, taxis, or your vehicle, these costs can add up. We’ll explore the transportation costs in both Broomfield and Longmont to help make your decision easier.

woman in a bus
With these gas prices, transportation has also become an important factor when preparing a budget

Broomfield Transportation

For people moving to Broomfield, a local transport ticket will set you back approximately $2.23 per ride. However, if you frequently use public transport, a monthly ticket is a more economical choice at $58 per month. For those who prefer taxis, an 8km or 5mi ride costs around $16.8.

Longmont Transportation

For people moving to Longmont, the transportation costs are roughly similar. A local transport ticket costs about $2.22, and a monthly pass is $57.4. If you prefer taxis, expect to pay around $17 for an 8km or 5mi ride.

Cost Comparison of Broomfield and Longmont: The Final Verdict

the cost comparison of Broomfield and Longmont reveals that both cities have their unique financial advantages and disadvantages. Food costs tend to be slightly higher in Longmont, particularly when dining out, while Broomfield has a more competitive housing market with slightly higher prices. Utilities are marginally costlier in Longmont, but its internet services are cheaper. Transportation costs are nearly identical in both cities. Ultimately, your decision should align with your budget, lifestyle, and personal preferences. Remember, a successful move to the state of Colorado isn’t just about finding the lowest costs; it’s about discovering a place you can call home.

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