Cost of Living: Marshalltown, IA vs Lincoln, NE
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Marshalltown | Lincoln |
---|---|---|
Housing Index | 85.0 | 78.0 |
Median Home Price | $157,000 | $284,000 |
Average Rent (2 BR Apartment) | $1200 | $1200 |
Average Rent (2 BR House) | $1360 | $1225 |
Housing Comparison: Marshalltown vs Lincoln
- The median home price in Lincoln is higher at $284,000, compared to $157,000 in Marshalltown.
- The rent for a two-bedroom apartment is equal in both Marshalltown and Lincoln 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 | Marshalltown | Lincoln |
---|---|---|
Electricity Price | $14.82 | $12.92 |
Natural Gas Price | $15.61 | $13.89 |
Other Utilities | $250 | $250 |
Utilities Comparison: Marshalltown vs Lincoln
- Electricity costs are higher in Marshalltown at $14.82 per kWh, compared to $12.92 in Lincoln.
- Natural gas is more expensive in Marshalltown at $15.61 per unit, while it is cheaper at $13.89 in Lincoln.
- Utility expenses are equal in both Marshalltown and Lincoln averaging $250.