Cost of Living: Hoover, AL vs Waurika, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hoover | Waurika |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $321,000 | $125,000 |
| Average Rent (2 BR Apartment) | $1200 | $1000 |
| Average Rent (2 BR House) | $1360 | $1200 |
Housing Comparison: Hoover vs Waurika
- In Hoover, the median home price is higher at $321,000, while in Waurika it is $125,000.
- Renting a two-bedroom apartment costs more in Hoover at $1,200 than in Waurika at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hoover | Waurika |
|---|---|---|
| Electricity Price | $15.03 | $12.37 |
| Natural Gas Price | $21.76 | $20.27 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Hoover vs Waurika
- Electricity costs are higher in Hoover at $15.03 per kWh, compared to $12.37 in Waurika.
- Natural gas is more expensive in Hoover at $21.76 per unit, while it is cheaper at $20.27 in Waurika.
- Other utility costs are higher in Hoover at an average of $250, compared to Waurika with $200.