Cost of Living: Independence, MO vs Simi valley, CA

Housing

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

Metric Independence Simi valley
Housing Index 90.0 135.0
Median Home Price $182,500 $650,000
Average Rent (2 BR Apartment) $1050 $2800
Average Rent (2 BR House) $840 $2850

Housing Comparison: Independence vs Simi valley

  • The median home price in Simi valley is higher at $650,000, compared to $182,500 in Independence.
  • In Simi valley, 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 Simi valley
Electricity Price $14.64 $32.99
Natural Gas Price $23.25 $16.99
Other Utilities $250 $250

Utilities Comparison: Independence vs Simi valley

  • Simi valley 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 Simi valley.
  • Utility expenses are equal in both Independence and Simi valley averaging $250.