Cost of Living: Benton, AR vs Charlotte, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Benton | Charlotte |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $196,000 | $364,000 |
| Average Rent (2 BR Apartment) | $1200 | $1600 |
| Average Rent (2 BR House) | $1280 | $1640 |
Housing Comparison: Benton vs Charlotte
- The median home price in Charlotte is higher at $364,000, compared to $196,000 in Benton.
- In Charlotte, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Benton.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Benton | Charlotte |
|---|---|---|
| Electricity Price | $12.36 | $13.72 |
| Natural Gas Price | $17.08 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Benton vs Charlotte
- Charlotte has higher electricity costs at $13.72 per kWh, versus $12.36 in Benton.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Benton and Charlotte averaging $250.