Cost of Living: Malad city, ID vs Hickman, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Malad city | Hickman |
|---|---|---|
| Housing Index | 95.0 | 85.0 |
| Median Home Price | $331,000 | $162,000 |
| Average Rent (2 BR Apartment) | $1200 | $960 |
| Average Rent (2 BR House) | $1300 | $1040 |
Housing Comparison: Malad city vs Hickman
- In Malad city, the median home price is higher at $331,000, while in Hickman it is $162,000.
- In Hickman, the rental for a two-bedroom apartment stands at $960, 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 | Hickman |
|---|---|---|
| Electricity Price | $12.28 | $12.87 |
| Natural Gas Price | $9.87 | $22.78 |
| Other Utilities | $250 | $180 |
Utilities Comparison: Malad city vs Hickman
- Hickman has higher electricity costs at $12.87 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 $22.78 in Hickman.
- Other utility costs are higher in Malad city at an average of $250, compared to Hickman with $180.