Cost of Living: Hannibal, MO vs Waurika, OK

Housing

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

Metric Hannibal Waurika
Housing Index 75.0 85.0
Median Home Price $140,000 $125,000
Average Rent (2 BR Apartment) $900 $1000
Average Rent (2 BR House) $960 $1200

Housing Comparison: Hannibal vs Waurika

  • In Hannibal, the median home price is higher at $140,000, while in Waurika it is $125,000.
  • Renting a two-bedroom apartment costs more in Hannibal at $900 than in Waurika at $1,000.

Utilities

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

Metric Hannibal Waurika
Electricity Price $14.64 $12.37
Natural Gas Price $23.25 $20.27
Other Utilities $200 $200

Utilities Comparison: Hannibal vs Waurika

  • Electricity costs are higher in Hannibal at $14.64 per kWh, compared to $12.37 in Waurika.
  • Natural gas is more expensive in Hannibal at $23.25 per unit, while it is cheaper at $20.27 in Waurika.
  • Utility expenses are equal in both Hannibal and Waurika averaging $200.