Cost of Living: Bessemer, AL vs Malta, MT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bessemer | Malta |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $162,000 | $229,000 |
| Average Rent (2 BR Apartment) | $1080 | $1600 |
| Average Rent (2 BR House) | $1105 | $1640 |
Housing Comparison: Bessemer vs Malta
- The median home price in Malta is higher at $229,000, compared to $162,000 in Bessemer.
- In Malta, the rental for a two-bedroom apartment stands at $1,600, while it is $1,080 in Bessemer.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Bessemer | Malta |
|---|---|---|
| Electricity Price | $15.03 | $13.58 |
| Natural Gas Price | $21.76 | $8.31 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Bessemer vs Malta
- Electricity costs are higher in Bessemer at $15.03 per kWh, compared to $13.58 in Malta.
- Malta experiences higher natural gas costs at $8.31 per unit, with costs at $21.76 in Bessemer.
- Utility expenses are equal in both Bessemer and Malta averaging $250.