Cost of Living: Springfield, MO vs Hospers, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springfield | Hospers |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $215,000 | $166,000 |
| Average Rent (2 BR Apartment) | $900 | $Data is updating |
| Average Rent (2 BR House) | $960 | $Data is updating |
Housing Comparison: Springfield vs Hospers
- In Springfield, the median home price is higher at $215,000, while in Hospers it is $166,000.
- The rent for a two-bedroom apartment is equal in both Springfield and Hospers at $900.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Springfield | Hospers |
|---|---|---|
| Electricity Price | $14.64 | $14.82 |
| Natural Gas Price | $23.25 | $15.61 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Springfield vs Hospers
- Hospers has higher electricity costs at $14.82 per kWh, versus $14.64 in Springfield.
- Natural gas is more expensive in Springfield at $23.25 per unit, while it is cheaper at $15.61 in Hospers.
- Utility expenses are equal in both Springfield and Hospers averaging $200.