Cost of Living: Independence, MO vs New york, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Independence | New york |
|---|---|---|
| Housing Index | 90.0 | 125.0 |
| Median Home Price | $182,500 | $800,000 |
| Average Rent (2 BR Apartment) | $1050 | $2800 |
| Average Rent (2 BR House) | $840 | $2880 |
Housing Comparison: Independence vs New york
- The median home price in New york is higher at $800,000, compared to $182,500 in Independence.
- In New york, the rental for a two-bedroom apartment stands at $2,800, 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 | New york |
|---|---|---|
| Electricity Price | $14.64 | $26.08 |
| Natural Gas Price | $23.25 | $18.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Independence vs New york
- New york has higher electricity costs at $26.08 per kWh, versus $14.64 in Independence.
- Natural gas is more expensive in Independence at $23.25 per unit, while it is cheaper at $18.13 in New york.
- Utility expenses are equal in both Independence and New york averaging $250.