Cost of Living: Midland, TX vs Hobart, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Midland | Hobart |
|---|---|---|
| Housing Index | 85.0 | 91.1 |
| Median Home Price | $345,000 | $225,000 |
| Average Rent (2 BR Apartment) | $1527 | $1194 |
| Average Rent (2 BR House) | $1660 | $1298 |
Housing Comparison: Midland vs Hobart
- In Midland, the median home price is higher at $345,000, while in Hobart it is $225,000.
- Renting a two-bedroom apartment costs more in Midland at $1,527 than in Hobart at $1,194.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Midland | Hobart |
|---|---|---|
| Electricity Price | $14.47 | $14.89 |
| Natural Gas Price | $26.29 | $Data is updating |
| Other Utilities | $200 | $233 |
Utilities Comparison: Midland vs Hobart
- Hobart has higher electricity costs at $14.89 per kWh, versus $14.47 in Midland.
- Natural gas price data is currently unavailable.
- Hobart has higher utility expenses, averaging $233, while Midland averages $200.