Cost of Living: Erie, PA vs Woodward, IA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Erie Woodward
Housing Index 85.0 Data is updating
Median Home Price $152,500 $195,000
Average Rent (2 BR Apartment) $900 $Data is updating
Average Rent (2 BR House) $960 $Data is updating

Housing Comparison: Erie vs Woodward

  • The median home price in Woodward is higher at $195,000, compared to $152,500 in Erie.
  • The rent for a two-bedroom apartment is equal in both Erie and Woodward at $900.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Erie Woodward
Electricity Price $17.68 $14.82
Natural Gas Price $17.61 $15.61
Other Utilities $250 $Data is updating

Utilities Comparison: Erie vs Woodward

  • Electricity costs are higher in Erie at $17.68 per kWh, compared to $14.82 in Woodward.
  • Natural gas is more expensive in Erie at $17.61 per unit, while it is cheaper at $15.61 in Woodward.
  • Utility expenses are equal in both Erie and Woodward averaging $250.