Cost of Living: Hannibal, MO vs Winchester, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hannibal | Winchester |
|---|---|---|
| Housing Index | 75.0 | 115.0 |
| Median Home Price | $140,000 | $348,000 |
| Average Rent (2 BR Apartment) | $900 | $1500 |
| Average Rent (2 BR House) | $960 | $1600 |
Housing Comparison: Hannibal vs Winchester
- The median home price in Winchester is higher at $348,000, compared to $140,000 in Hannibal.
- Renting a two-bedroom apartment costs more in Hannibal at $900 than in Winchester at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hannibal | Winchester |
|---|---|---|
| Electricity Price | $14.64 | $15.31 |
| Natural Gas Price | $23.25 | $19.91 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Hannibal vs Winchester
- Winchester has higher electricity costs at $15.31 per kWh, versus $14.64 in Hannibal.
- Natural gas is more expensive in Hannibal at $23.25 per unit, while it is cheaper at $19.91 in Winchester.
- Winchester has higher utility expenses, averaging $250, while Hannibal averages $200.