Cost of Living: Phenix city, AL vs Tipton, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Phenix city | Tipton |
|---|---|---|
| Housing Index | 90.0 | 75.0 |
| Median Home Price | $205,000 | $145,000 |
| Average Rent (2 BR Apartment) | $950 | $960 |
| Average Rent (2 BR House) | $960 | $960 |
Housing Comparison: Phenix city vs Tipton
- In Phenix city, the median home price is higher at $205,000, while in Tipton it is $145,000.
- In Tipton, the rental for a two-bedroom apartment stands at $960, while it is $950 in Phenix city.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Phenix city | Tipton |
|---|---|---|
| Electricity Price | $15.03 | $14.64 |
| Natural Gas Price | $21.76 | $23.25 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Phenix city vs Tipton
- Electricity costs are higher in Phenix city at $15.03 per kWh, compared to $14.64 in Tipton.
- Tipton experiences higher natural gas costs at $23.25 per unit, with costs at $21.76 in Phenix city.
- Utility expenses are equal in both Phenix city and Tipton averaging $200.