Cost of Living: Red lodge, MT vs Eldon, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Red lodge | Eldon |
|---|---|---|
| Housing Index | 115.0 | 90.5 |
| Median Home Price | $311,000 | $185,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1236 | $1280 |
Housing Comparison: Red lodge vs Eldon
- In Red lodge, the median home price is higher at $311,000, while in Eldon it is $185,000.
- The rent for a two-bedroom apartment is equal in both Red lodge and Eldon 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 | Red lodge | Eldon |
|---|---|---|
| Electricity Price | $13.58 | $14.64 |
| Natural Gas Price | $8.31 | $23.25 |
| Other Utilities | $280 | $250 |
Utilities Comparison: Red lodge vs Eldon
- Eldon has higher electricity costs at $14.64 per kWh, versus $13.58 in Red lodge.
- Natural gas is more expensive in Red lodge at $8.31 per unit, while it is cheaper at $23.25 in Eldon.
- Other utility costs are higher in Red lodge at an average of $280, compared to Eldon with $250.