Cost of Living: Tipton, IA vs Merrimac, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Tipton | Merrimac |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $184,000 | $364,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Tipton vs Merrimac
- The median home price in Merrimac is higher at $364,000, compared to $184,000 in Tipton.
- The rent for a two-bedroom apartment is equal in both Tipton and Merrimac at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Tipton | Merrimac |
|---|---|---|
| Electricity Price | $14.82 | $28.15 |
| Natural Gas Price | $15.61 | $21.62 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Tipton vs Merrimac
- Merrimac has higher electricity costs at $28.15 per kWh, versus $14.82 in Tipton.
- Merrimac experiences higher natural gas costs at $21.62 per unit, with costs at $15.61 in Tipton.
- Utility expenses are equal in both Tipton and Merrimac averaging $0.0.