Cost of Living: Peru, IN vs Pella, IA

Housing

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

Metric Peru Pella
Housing Index 85.0 85.0
Median Home Price $152,000 $304,000
Average Rent (2 BR Apartment) $800 $1200
Average Rent (2 BR House) $820 $1250

Housing Comparison: Peru vs Pella

  • The median home price in Pella is higher at $304,000, compared to $152,000 in Peru.
  • Renting a two-bedroom apartment costs more in Peru at $800 than in Pella 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 Peru Pella
Electricity Price $14.89 $14.82
Natural Gas Price $Data is updating $15.61
Other Utilities $200 $200

Utilities Comparison: Peru vs Pella

  • Electricity costs are higher in Peru at $14.89 per kWh, compared to $14.82 in Pella.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Peru and Pella averaging $200.