Cost of Living: Hannibal, MO vs New iberia, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hannibal | New iberia |
|---|---|---|
| Housing Index | 75.0 | 90.0 |
| Median Home Price | $140,000 | $155,000 |
| Average Rent (2 BR Apartment) | $900 | $1200 |
| Average Rent (2 BR House) | $960 | $1280 |
Housing Comparison: Hannibal vs New iberia
- The median home price in New iberia is higher at $155,000, compared to $140,000 in Hannibal.
- Renting a two-bedroom apartment costs more in Hannibal at $900 than in New iberia at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hannibal | New iberia |
|---|---|---|
| Electricity Price | $14.64 | $11.42 |
| Natural Gas Price | $23.25 | $19.48 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Hannibal vs New iberia
- Electricity costs are higher in Hannibal at $14.64 per kWh, compared to $11.42 in New iberia.
- Natural gas is more expensive in Hannibal at $23.25 per unit, while it is cheaper at $19.48 in New iberia.
- New iberia has higher utility expenses, averaging $250, while Hannibal averages $200.