Cost of Living: Thayer, MO vs Iowa city, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Thayer | Iowa city |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $144,000 | $305,000 |
| Average Rent (2 BR Apartment) | $1200 | $1350 |
| Average Rent (2 BR House) | $1360 | $1393 |
Housing Comparison: Thayer vs Iowa city
- The median home price in Iowa city is higher at $305,000, compared to $144,000 in Thayer.
- In Iowa city, the rental for a two-bedroom apartment stands at $1,350, while it is $1,200 in Thayer.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Thayer | Iowa city |
|---|---|---|
| Electricity Price | $14.64 | $14.82 |
| Natural Gas Price | $23.25 | $15.61 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Thayer vs Iowa city
- Iowa city has higher electricity costs at $14.82 per kWh, versus $14.64 in Thayer.
- Natural gas is more expensive in Thayer at $23.25 per unit, while it is cheaper at $15.61 in Iowa city.
- Utility expenses are equal in both Thayer and Iowa city averaging $250.