Cost of Living: Independence, MO vs Birmingham, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Independence | Birmingham |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $182,500 | $193,000 |
| Average Rent (2 BR Apartment) | $1050 | $1200 |
| Average Rent (2 BR House) | $840 | $1200 |
Housing Comparison: Independence vs Birmingham
- The median home price in Birmingham is higher at $193,000, compared to $182,500 in Independence.
- In Birmingham, the rental for a two-bedroom apartment stands at $1,200, while it is $1,050 in Independence.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Independence | Birmingham |
|---|---|---|
| Electricity Price | $14.64 | $15.03 |
| Natural Gas Price | $23.25 | $21.76 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Independence vs Birmingham
- Birmingham has higher electricity costs at $15.03 per kWh, versus $14.64 in Independence.
- Natural gas is more expensive in Independence at $23.25 per unit, while it is cheaper at $21.76 in Birmingham.
- Other utility costs are higher in Independence at an average of $250, compared to Birmingham with $200.