Cost of Living: South bend, IN vs Hoover, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | South bend | Hoover |
|---|---|---|
| Housing Index | 80.0 | 85.0 |
| Median Home Price | $181,000 | $321,000 |
| Average Rent (2 BR Apartment) | $950 | $1200 |
| Average Rent (2 BR House) | $1000 | $1360 |
Housing Comparison: South bend vs Hoover
- The median home price in Hoover is higher at $321,000, compared to $181,000 in South bend.
- Renting a two-bedroom apartment costs more in South bend at $950 than in Hoover 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 | South bend | Hoover |
|---|---|---|
| Electricity Price | $14.89 | $15.03 |
| Natural Gas Price | $Data is updating | $21.76 |
| Other Utilities | $200 | $250 |
Utilities Comparison: South bend vs Hoover
- Hoover has higher electricity costs at $15.03 per kWh, versus $14.89 in South bend.
- Natural gas price data is currently unavailable.
- Hoover has higher utility expenses, averaging $250, while South bend averages $200.