Cost of Living: Parksley, VA vs Iowa city, IA

Housing

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

Metric Parksley Iowa city
Housing Index 115.5 110.0
Median Home Price $215,000 $305,000
Average Rent (2 BR Apartment) $1600 $1350
Average Rent (2 BR House) $1645 $1393

Housing Comparison: Parksley vs Iowa city

  • The median home price in Iowa city is higher at $305,000, compared to $215,000 in Parksley.
  • Renting a two-bedroom apartment costs more in Parksley at $1,600 than in Iowa city at $1,350.

Utilities

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

Metric Parksley Iowa city
Electricity Price $15.31 $14.82
Natural Gas Price $19.91 $15.61
Other Utilities $250 $250

Utilities Comparison: Parksley vs Iowa city

  • Electricity costs are higher in Parksley at $15.31 per kWh, compared to $14.82 in Iowa city.
  • Natural gas is more expensive in Parksley at $19.91 per unit, while it is cheaper at $15.61 in Iowa city.
  • Utility expenses are equal in both Parksley and Iowa city averaging $250.