Cost of Living: Hannibal, MO vs Sewell, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hannibal | Sewell |
|---|---|---|
| Housing Index | 75.0 | 120.5 |
| Median Home Price | $140,000 | $325,000 |
| Average Rent (2 BR Apartment) | $900 | $2100 |
| Average Rent (2 BR House) | $960 | $2150 |
Housing Comparison: Hannibal vs Sewell
- The median home price in Sewell is higher at $325,000, compared to $140,000 in Hannibal.
- Renting a two-bedroom apartment costs more in Hannibal at $900 than in Sewell at $2,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hannibal | Sewell |
|---|---|---|
| Electricity Price | $14.64 | $19.88 |
| Natural Gas Price | $23.25 | $14.01 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Hannibal vs Sewell
- Sewell has higher electricity costs at $19.88 per kWh, versus $14.64 in Hannibal.
- Natural gas is more expensive in Hannibal at $23.25 per unit, while it is cheaper at $14.01 in Sewell.
- Sewell has higher utility expenses, averaging $250, while Hannibal averages $200.