Cost of Living: Malad city, ID vs Anchorage, AK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Malad city | Anchorage |
|---|---|---|
| Housing Index | 95.0 | 120.0 |
| Median Home Price | $331,000 | $395,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1300 | $1920 |
Housing Comparison: Malad city vs Anchorage
- The median home price in Anchorage is higher at $395,000, compared to $331,000 in Malad city.
- In Anchorage, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Malad city.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Malad city | Anchorage |
|---|---|---|
| Electricity Price | $12.28 | $25.4 |
| Natural Gas Price | $9.87 | $12.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Malad city vs Anchorage
- Anchorage has higher electricity costs at $25.4 per kWh, versus $12.28 in Malad city.
- Natural gas is more expensive in Malad city at $9.87 per unit, while it is cheaper at $12.01 in Anchorage.
- Utility expenses are equal in both Malad city and Anchorage averaging $250.