Cost of Living: Lebanon, MO vs Southlake, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lebanon | Southlake |
|---|---|---|
| Housing Index | 90.0 | 145.0 |
| Median Home Price | $220,000 | $668,000 |
| Average Rent (2 BR Apartment) | $1200 | $2800 |
| Average Rent (2 BR House) | $1280 | $2856 |
Housing Comparison: Lebanon vs Southlake
- The median home price in Southlake is higher at $668,000, compared to $220,000 in Lebanon.
- In Southlake, the rental for a two-bedroom apartment stands at $2,800, 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 | Southlake |
|---|---|---|
| Electricity Price | $14.64 | $14.47 |
| Natural Gas Price | $23.25 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lebanon vs Southlake
- Electricity costs are higher in Lebanon at $14.64 per kWh, compared to $14.47 in Southlake.
- Southlake experiences higher natural gas costs at $26.29 per unit, with costs at $23.25 in Lebanon.
- Utility expenses are equal in both Lebanon and Southlake averaging $250.