Cost of Living: Falls city, NE vs Decorah, IA

Housing

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

Metric Falls city Decorah
Housing Index 90.5 Data is updating
Median Home Price $138,000 $192,000
Average Rent (2 BR Apartment) $900 $Data is updating
Average Rent (2 BR House) $850 $Data is updating

Housing Comparison: Falls city vs Decorah

  • The median home price in Decorah is higher at $192,000, compared to $138,000 in Falls city.
  • The rent for a two-bedroom apartment is equal in both Falls city and Decorah at $900.

Utilities

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

Metric Falls city Decorah
Electricity Price $12.92 $14.82
Natural Gas Price $13.89 $15.61
Other Utilities $250 $Data is updating

Utilities Comparison: Falls city vs Decorah

  • Decorah has higher electricity costs at $14.82 per kWh, versus $12.92 in Falls city.
  • Decorah experiences higher natural gas costs at $15.61 per unit, with costs at $13.89 in Falls city.
  • Utility expenses are equal in both Falls city and Decorah averaging $250.