Cost of Living: Hoover, AL vs Milton, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hoover | Milton |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $321,000 | $275,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Hoover vs Milton
- In Hoover, the median home price is higher at $321,000, while in Milton it is $275,000.
- The rent for a two-bedroom apartment is equal in both Hoover and Milton 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 | Milton |
|---|---|---|
| Electricity Price | $15.03 | $12.57 |
| Natural Gas Price | $21.76 | $12.35 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Hoover vs Milton
- Electricity costs are higher in Hoover at $15.03 per kWh, compared to $12.57 in Milton.
- Natural gas is more expensive in Hoover at $21.76 per unit, while it is cheaper at $12.35 in Milton.
- Utility expenses are equal in both Hoover and Milton averaging $250.