Cost of Living: Redfield, IA vs Meridian, ID
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Redfield | Meridian |
|---|---|---|
| Housing Index | 85.0 | 115.0 |
| Median Home Price | $185,000 | $427,000 |
| Average Rent (2 BR Apartment) | $800 | $1800 |
| Average Rent (2 BR House) | $960 | $1940 |
Housing Comparison: Redfield vs Meridian
- The median home price in Meridian is higher at $427,000, compared to $185,000 in Redfield.
- Renting a two-bedroom apartment costs more in Redfield at $800 than in Meridian at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Redfield | Meridian |
|---|---|---|
| Electricity Price | $14.82 | $12.28 |
| Natural Gas Price | $15.61 | $9.87 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Redfield vs Meridian
- Electricity costs are higher in Redfield at $14.82 per kWh, compared to $12.28 in Meridian.
- Meridian experiences higher natural gas costs at $9.87 per unit, with costs at $15.61 in Redfield.
- Meridian has higher utility expenses, averaging $250, while Redfield averages $200.