Cost of Living: Gibbon, NE vs Lexington, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gibbon | Lexington |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $145,000 | $166,000 |
| Average Rent (2 BR Apartment) | $960 | $1200 |
| Average Rent (2 BR House) | $1024 | $1300 |
Housing Comparison: Gibbon vs Lexington
- The median home price in Lexington is higher at $166,000, compared to $145,000 in Gibbon.
- Renting a two-bedroom apartment costs more in Gibbon at $960 than in Lexington 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 | Gibbon | Lexington |
|---|---|---|
| Electricity Price | $12.92 | $13.72 |
| Natural Gas Price | $13.89 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Gibbon vs Lexington
- Lexington has higher electricity costs at $13.72 per kWh, versus $12.92 in Gibbon.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Gibbon and Lexington averaging $250.