Cost of Living: Hoover, AL vs Hancock, NH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hoover | Hancock |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $321,000 | $416,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Hoover vs Hancock
- The median home price in Hancock is higher at $416,000, compared to $321,000 in Hoover.
- The rent for a two-bedroom apartment is equal in both Hoover and Hancock 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 | Hoover | Hancock |
|---|---|---|
| Electricity Price | $15.03 | $22.44 |
| Natural Gas Price | $21.76 | $17.58 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Hoover vs Hancock
- Hancock has higher electricity costs at $22.44 per kWh, versus $15.03 in Hoover.
- Natural gas is more expensive in Hoover at $21.76 per unit, while it is cheaper at $17.58 in Hancock.
- Utility expenses are equal in both Hoover and Hancock averaging $250.