Cost of Living: Litchfield, ME vs Lebanon, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Litchfield | Lebanon |
|---|---|---|
| Housing Index | 95.0 | 90.0 |
| Median Home Price | $275,000 | $220,000 |
| Average Rent (2 BR Apartment) | $1280 | $1200 |
| Average Rent (2 BR House) | $1400 | $1280 |
Housing Comparison: Litchfield vs Lebanon
- In Litchfield, the median home price is higher at $275,000, while in Lebanon it is $220,000.
- Renting a two-bedroom apartment costs more in Litchfield at $1,280 than in Lebanon 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 | Litchfield | Lebanon |
|---|---|---|
| Electricity Price | $22.26 | $14.64 |
| Natural Gas Price | $21.63 | $23.25 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Litchfield vs Lebanon
- Electricity costs are higher in Litchfield at $22.26 per kWh, compared to $14.64 in Lebanon.
- Lebanon experiences higher natural gas costs at $23.25 per unit, with costs at $21.63 in Litchfield.
- Utility expenses are equal in both Litchfield and Lebanon averaging $250.