Cost of Living: Hannibal, MO vs Benton, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hannibal | Benton |
|---|---|---|
| Housing Index | 75.0 | 75.0 |
| Median Home Price | $140,000 | $219,900 |
| Average Rent (2 BR Apartment) | $900 | $800 |
| Average Rent (2 BR House) | $960 | $1200 |
Housing Comparison: Hannibal vs Benton
- The median home price in Benton is higher at $219,900, compared to $140,000 in Hannibal.
- Renting a two-bedroom apartment costs more in Hannibal at $900 than in Benton at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hannibal | Benton |
|---|---|---|
| Electricity Price | $14.64 | $16.15 |
| Natural Gas Price | $23.25 | $16.59 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Hannibal vs Benton
- Benton has higher electricity costs at $16.15 per kWh, versus $14.64 in Hannibal.
- Natural gas is more expensive in Hannibal at $23.25 per unit, while it is cheaper at $16.59 in Benton.
- Utility expenses are equal in both Hannibal and Benton averaging $200.