Cost of Living: Hoover, AL vs Ponca city, OK

Housing

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

Metric Hoover Ponca city
Housing Index 85.0 Data is updating
Median Home Price $321,000 $173,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1360 $Data is updating

Housing Comparison: Hoover vs Ponca city

  • In Hoover, the median home price is higher at $321,000, while in Ponca city it is $173,000.
  • The rent for a two-bedroom apartment is equal in both Hoover and Ponca city 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 Ponca city
Electricity Price $15.03 $12.37
Natural Gas Price $21.76 $20.27
Other Utilities $250 $Data is updating

Utilities Comparison: Hoover vs Ponca city

  • Electricity costs are higher in Hoover at $15.03 per kWh, compared to $12.37 in Ponca city.
  • Natural gas is more expensive in Hoover at $21.76 per unit, while it is cheaper at $20.27 in Ponca city.
  • Utility expenses are equal in both Hoover and Ponca city averaging $250.