Cost of Living: Elderon, WI vs Tipton, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Elderon | Tipton |
|---|---|---|
| Housing Index | 90.0 | 75.0 |
| Median Home Price | $157,000 | $145,000 |
| Average Rent (2 BR Apartment) | $1200 | $960 |
| Average Rent (2 BR House) | $1280 | $960 |
Housing Comparison: Elderon vs Tipton
- In Elderon, the median home price is higher at $157,000, while in Tipton it is $145,000.
- In Tipton, the rental for a two-bedroom apartment stands at $960, while it is $1,200 in Elderon.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Elderon | Tipton |
|---|---|---|
| Electricity Price | $17.6 | $14.64 |
| Natural Gas Price | $11.5 | $23.25 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Elderon vs Tipton
- Electricity costs are higher in Elderon at $17.6 per kWh, compared to $14.64 in Tipton.
- Tipton experiences higher natural gas costs at $23.25 per unit, with costs at $11.5 in Elderon.
- Utility expenses are equal in both Elderon and Tipton averaging $200.