Cost of Living: Hancock, MN vs Ripon, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hancock | Ripon |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $198,000 | $450,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Hancock vs Ripon
- The median home price in Ripon is higher at $450,000, compared to $198,000 in Hancock.
- The rent for a two-bedroom apartment is equal in both Hancock and Ripon at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hancock | Ripon |
|---|---|---|
| Electricity Price | $16.38 | $32.99 |
| Natural Gas Price | $14.87 | $16.99 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Hancock vs Ripon
- Ripon has higher electricity costs at $32.99 per kWh, versus $16.38 in Hancock.
- Ripon experiences higher natural gas costs at $16.99 per unit, with costs at $14.87 in Hancock.
- Utility expenses are equal in both Hancock and Ripon averaging $0.0.