Cost of Living: Tipton, MO vs Danville, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Tipton | Danville |
|---|---|---|
| Housing Index | 75.0 | 90.0 |
| Median Home Price | $145,000 | $115,000 |
| Average Rent (2 BR Apartment) | $960 | $1200 |
| Average Rent (2 BR House) | $960 | $1300 |
Housing Comparison: Tipton vs Danville
- In Tipton, the median home price is higher at $145,000, while in Danville it is $115,000.
- Renting a two-bedroom apartment costs more in Tipton at $960 than in Danville 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 | Tipton | Danville |
|---|---|---|
| Electricity Price | $14.64 | $16.15 |
| Natural Gas Price | $23.25 | $16.59 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Tipton vs Danville
- Danville has higher electricity costs at $16.15 per kWh, versus $14.64 in Tipton.
- Natural gas is more expensive in Tipton at $23.25 per unit, while it is cheaper at $16.59 in Danville.
- Danville has higher utility expenses, averaging $250, while Tipton averages $200.