Cost of Living: Gilbert, AZ vs Hope mills, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gilbert | Hope mills |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $480,000 | $279,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1360 |
Housing Comparison: Gilbert vs Hope mills
- In Gilbert, the median home price is higher at $480,000, while in Hope mills it is $279,000.
- Renting a two-bedroom apartment costs more in Gilbert at $1,800 than in Hope mills 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 | Gilbert | Hope mills |
|---|---|---|
| Electricity Price | $15.14 | $13.72 |
| Natural Gas Price | $23.51 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Gilbert vs Hope mills
- Electricity costs are higher in Gilbert at $15.14 per kWh, compared to $13.72 in Hope mills.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Gilbert and Hope mills averaging $250.