Cost of Living: North liberty, IA vs Montgomery, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | North liberty | Montgomery |
|---|---|---|
| Housing Index | 95.0 | Data is updating |
| Median Home Price | $345,000 | $301,000 |
| Average Rent (2 BR Apartment) | $1250 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: North liberty vs Montgomery
- In North liberty, the median home price is higher at $345,000, while in Montgomery it is $301,000.
- The rent for a two-bedroom apartment is equal in both North liberty and Montgomery at $1,250.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | North liberty | Montgomery |
|---|---|---|
| Electricity Price | $14.82 | $16.38 |
| Natural Gas Price | $15.61 | $14.87 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: North liberty vs Montgomery
- Montgomery has higher electricity costs at $16.38 per kWh, versus $14.82 in North liberty.
- Natural gas is more expensive in North liberty at $15.61 per unit, while it is cheaper at $14.87 in Montgomery.
- Utility expenses are equal in both North liberty and Montgomery averaging $250.