Cost of Living: Hoover, AL vs Morrow, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hoover | Morrow |
|---|---|---|
| Housing Index | 85.0 | 95.0 |
| Median Home Price | $321,000 | $284,000 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1360 | $1600 |
Housing Comparison: Hoover vs Morrow
- In Hoover, the median home price is higher at $321,000, while in Morrow it is $284,000.
- In Morrow, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Hoover.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hoover | Morrow |
|---|---|---|
| Electricity Price | $15.03 | $15.53 |
| Natural Gas Price | $21.76 | $27.53 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Hoover vs Morrow
- Morrow has higher electricity costs at $15.53 per kWh, versus $15.03 in Hoover.
- Morrow experiences higher natural gas costs at $27.53 per unit, with costs at $21.76 in Hoover.
- Utility expenses are equal in both Hoover and Morrow averaging $250.