Cost of Living: Lebanon, MO vs Midlothian, VA

Housing

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

Metric Lebanon Midlothian
Housing Index 90.0 110.0
Median Home Price $220,000 $392,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1280 $1840

Housing Comparison: Lebanon vs Midlothian

  • The median home price in Midlothian is higher at $392,000, compared to $220,000 in Lebanon.
  • In Midlothian, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Lebanon.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Lebanon Midlothian
Electricity Price $14.64 $15.31
Natural Gas Price $23.25 $19.91
Other Utilities $250 $250

Utilities Comparison: Lebanon vs Midlothian

  • Midlothian has higher electricity costs at $15.31 per kWh, versus $14.64 in Lebanon.
  • Natural gas is more expensive in Lebanon at $23.25 per unit, while it is cheaper at $19.91 in Midlothian.
  • Utility expenses are equal in both Lebanon and Midlothian averaging $250.