Cost of Living: Independence, MO vs Herald, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Independence | Herald |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $182,500 | $550,000 |
| Average Rent (2 BR Apartment) | $1050 | $Data is updating |
| Average Rent (2 BR House) | $840 | $Data is updating |
Housing Comparison: Independence vs Herald
- The median home price in Herald is higher at $550,000, compared to $182,500 in Independence.
- The rent for a two-bedroom apartment is equal in both Independence and Herald at $1,050.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Independence | Herald |
|---|---|---|
| Electricity Price | $14.64 | $32.99 |
| Natural Gas Price | $23.25 | $16.99 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Independence vs Herald
- Herald has higher electricity costs at $32.99 per kWh, versus $14.64 in Independence.
- Natural gas is more expensive in Independence at $23.25 per unit, while it is cheaper at $16.99 in Herald.
- Utility expenses are equal in both Independence and Herald averaging $250.