Cost of Living: Fayetteville, NC vs Iowa city, IA

Housing

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

Metric Fayetteville Iowa city
Housing Index 90.0 110.0
Median Home Price $264,000 $305,000
Average Rent (2 BR Apartment) $1200 $1350
Average Rent (2 BR House) $1280 $1393

Housing Comparison: Fayetteville vs Iowa city

  • The median home price in Iowa city is higher at $305,000, compared to $264,000 in Fayetteville.
  • In Iowa city, the rental for a two-bedroom apartment stands at $1,350, while it is $1,200 in Fayetteville.

Utilities

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

Metric Fayetteville Iowa city
Electricity Price $13.72 $14.82
Natural Gas Price $Data is updating $15.61
Other Utilities $150 $250

Utilities Comparison: Fayetteville vs Iowa city

  • Iowa city has higher electricity costs at $14.82 per kWh, versus $13.72 in Fayetteville.
  • Natural gas price data is currently unavailable.
  • Iowa city has higher utility expenses, averaging $250, while Fayetteville averages $150.