Cost of Living: Sloan, IA vs Valley, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sloan | Valley |
|---|---|---|
| Housing Index | 90.0 | 70.0 |
| Median Home Price | $155,000 | $203,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1360 | $850 |
Housing Comparison: Sloan vs Valley
- The median home price in Valley is higher at $203,000, compared to $155,000 in Sloan.
- In Valley, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Sloan.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Sloan | Valley |
|---|---|---|
| Electricity Price | $14.82 | $15.03 |
| Natural Gas Price | $15.61 | $21.76 |
| Other Utilities | $250 | $180 |
Utilities Comparison: Sloan vs Valley
- Valley has higher electricity costs at $15.03 per kWh, versus $14.82 in Sloan.
- Valley experiences higher natural gas costs at $21.76 per unit, with costs at $15.61 in Sloan.
- Other utility costs are higher in Sloan at an average of $250, compared to Valley with $180.