Cost of Living: Albertville, AL vs Lockwood, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albertville | Lockwood |
|---|---|---|
| Housing Index | 79.0 | 85.0 |
| Median Home Price | $276,000 | $162,500 |
| Average Rent (2 BR Apartment) | $950 | $1200 |
| Average Rent (2 BR House) | $1000 | $1240 |
Housing Comparison: Albertville vs Lockwood
- In Albertville, the median home price is higher at $276,000, while in Lockwood it is $162,500.
- Renting a two-bedroom apartment costs more in Albertville at $950 than in Lockwood 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 | Albertville | Lockwood |
|---|---|---|
| Electricity Price | $15.03 | $14.64 |
| Natural Gas Price | $21.76 | $23.25 |
| Other Utilities | $210 | $150 |
Utilities Comparison: Albertville vs Lockwood
- Electricity costs are higher in Albertville at $15.03 per kWh, compared to $14.64 in Lockwood.
- Lockwood experiences higher natural gas costs at $23.25 per unit, with costs at $21.76 in Albertville.
- Other utility costs are higher in Albertville at an average of $210, compared to Lockwood with $150.