Cost of Living: Beacon, IA vs Hancock, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Beacon | Hancock |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $153,000 | $198,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Beacon vs Hancock
- The median home price in Hancock is higher at $198,000, compared to $153,000 in Beacon.
- The rent for a two-bedroom apartment is equal in both Beacon and Hancock at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Beacon | Hancock |
|---|---|---|
| Electricity Price | $14.82 | $16.38 |
| Natural Gas Price | $15.61 | $14.87 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Beacon vs Hancock
- Hancock has higher electricity costs at $16.38 per kWh, versus $14.82 in Beacon.
- Natural gas is more expensive in Beacon at $15.61 per unit, while it is cheaper at $14.87 in Hancock.
- Utility expenses are equal in both Beacon and Hancock averaging $0.0.