Cost of Living: Chama, NM vs Hoover, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Chama | Hoover |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $250,000 | $321,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $850 | $1360 |
Housing Comparison: Chama vs Hoover
- The median home price in Hoover is higher at $321,000, compared to $250,000 in Chama.
- Renting a two-bedroom apartment costs more in Chama at $800 than in Hoover at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Chama | Hoover |
|---|---|---|
| Electricity Price | $14.44 | $15.03 |
| Natural Gas Price | $Data is updating | $21.76 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Chama vs Hoover
- Hoover has higher electricity costs at $15.03 per kWh, versus $14.44 in Chama.
- Natural gas price data is currently unavailable.
- Hoover has higher utility expenses, averaging $250, while Chama averages $200.