Cost of Living: Parker, SD vs Earlham, IA

Housing

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

Metric Parker Earlham
Housing Index 85.0 89.7
Median Home Price $185,000 $215,000
Average Rent (2 BR Apartment) $1200 $1100
Average Rent (2 BR House) $1360 $1200

Housing Comparison: Parker vs Earlham

  • The median home price in Earlham is higher at $215,000, compared to $185,000 in Parker.
  • Renting a two-bedroom apartment costs more in Parker at $1,200 than in Earlham at $1,100.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Parker Earlham
Electricity Price $14.15 $14.82
Natural Gas Price $10.63 $15.61
Other Utilities $250 $250

Utilities Comparison: Parker vs Earlham

  • Earlham has higher electricity costs at $14.82 per kWh, versus $14.15 in Parker.
  • Earlham experiences higher natural gas costs at $15.61 per unit, with costs at $10.63 in Parker.
  • Utility expenses are equal in both Parker and Earlham averaging $250.