Cost of Living: Midland, TX vs Hobart, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Midland | Hobart |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $345,000 | $225,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1270 | $Data is updating |
Housing Comparison: Midland vs Hobart
- In Midland, the median home price is higher at $345,000, while in Hobart it is $225,000.
- The rent for a two-bedroom apartment is equal in both Midland and Hobart 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 | Midland | Hobart |
|---|---|---|
| Electricity Price | $14.47 | $14.89 |
| Natural Gas Price | $26.29 | $Data is updating |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Midland vs Hobart
- Hobart has higher electricity costs at $14.89 per kWh, versus $14.47 in Midland.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Midland and Hobart averaging $200.