Cost of Living: North liberty, IA vs Hoover, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | North liberty | Hoover |
|---|---|---|
| Housing Index | 95.0 | 85.0 |
| Median Home Price | $345,000 | $321,000 |
| Average Rent (2 BR Apartment) | $1250 | $1200 |
| Average Rent (2 BR House) | $1280 | $1360 |
Housing Comparison: North liberty vs Hoover
- In North liberty, the median home price is higher at $345,000, while in Hoover it is $321,000.
- Renting a two-bedroom apartment costs more in North liberty at $1,250 than in Hoover 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 | North liberty | Hoover |
|---|---|---|
| Electricity Price | $14.82 | $15.03 |
| Natural Gas Price | $15.61 | $21.76 |
| Other Utilities | $250 | $250 |
Utilities Comparison: North liberty vs Hoover
- Hoover has higher electricity costs at $15.03 per kWh, versus $14.82 in North liberty.
- Hoover experiences higher natural gas costs at $21.76 per unit, with costs at $15.61 in North liberty.
- Utility expenses are equal in both North liberty and Hoover averaging $250.