Cost of Living: Hannibal, MO vs Grand prairie, TX

Housing

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

Metric Hannibal Grand prairie
Housing Index 75.0 95.0
Median Home Price $140,000 $286,000
Average Rent (2 BR Apartment) $900 $1800
Average Rent (2 BR House) $960 $1840

Housing Comparison: Hannibal vs Grand prairie

  • The median home price in Grand prairie is higher at $286,000, compared to $140,000 in Hannibal.
  • Renting a two-bedroom apartment costs more in Hannibal at $900 than in Grand prairie at $1,800.

Utilities

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

Metric Hannibal Grand prairie
Electricity Price $14.64 $14.47
Natural Gas Price $23.25 $26.29
Other Utilities $200 $250

Utilities Comparison: Hannibal vs Grand prairie

  • Electricity costs are higher in Hannibal at $14.64 per kWh, compared to $14.47 in Grand prairie.
  • Grand prairie experiences higher natural gas costs at $26.29 per unit, with costs at $23.25 in Hannibal.
  • Grand prairie has higher utility expenses, averaging $250, while Hannibal averages $200.