Cost of Living: North liberty, IA vs Penelope, TX

Housing

The housing market plays a significant role in determining the cost of living.

Metric North liberty Penelope
Housing Index 95.0 Data is updating
Median Home Price $345,000 $180,000
Average Rent (2 BR Apartment) $1250 $Data is updating
Average Rent (2 BR House) $1280 $Data is updating

Housing Comparison: North liberty vs Penelope

  • In North liberty, the median home price is higher at $345,000, while in Penelope it is $180,000.
  • The rent for a two-bedroom apartment is equal in both North liberty and Penelope 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 Penelope
Electricity Price $14.82 $14.47
Natural Gas Price $15.61 $26.29
Other Utilities $250 $Data is updating

Utilities Comparison: North liberty vs Penelope

  • Electricity costs are higher in North liberty at $14.82 per kWh, compared to $14.47 in Penelope.
  • Penelope experiences higher natural gas costs at $26.29 per unit, with costs at $15.61 in North liberty.
  • Utility expenses are equal in both North liberty and Penelope averaging $250.