Cost of Living: Lebanon, MO vs Martinsville, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lebanon | Martinsville |
|---|---|---|
| Housing Index | 90.0 | 95.0 |
| Median Home Price | $220,000 | $190,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1120 |
Housing Comparison: Lebanon vs Martinsville
- In Lebanon, the median home price is higher at $220,000, while in Martinsville it is $190,000.
- The rent for a two-bedroom apartment is equal in both Lebanon and Martinsville at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lebanon | Martinsville |
|---|---|---|
| Electricity Price | $14.64 | $14.89 |
| Natural Gas Price | $23.25 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lebanon vs Martinsville
- Martinsville has higher electricity costs at $14.89 per kWh, versus $14.64 in Lebanon.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Lebanon and Martinsville averaging $250.