Cost of Living: Hannibal, MO vs Milton, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hannibal | Milton |
|---|---|---|
| Housing Index | 75.0 | Data is updating |
| Median Home Price | $140,000 | $275,000 |
| Average Rent (2 BR Apartment) | $900 | $Data is updating |
| Average Rent (2 BR House) | $960 | $Data is updating |
Housing Comparison: Hannibal vs Milton
- The median home price in Milton is higher at $275,000, compared to $140,000 in Hannibal.
- The rent for a two-bedroom apartment is equal in both Hannibal and Milton at $900.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hannibal | Milton |
|---|---|---|
| Electricity Price | $14.64 | $12.57 |
| Natural Gas Price | $23.25 | $12.35 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Hannibal vs Milton
- Electricity costs are higher in Hannibal at $14.64 per kWh, compared to $12.57 in Milton.
- Natural gas is more expensive in Hannibal at $23.25 per unit, while it is cheaper at $12.35 in Milton.
- Utility expenses are equal in both Hannibal and Milton averaging $200.