Cost of Living: Hancock, ME vs Trumann, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hancock | Trumann |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $295,000 | $115,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Hancock vs Trumann
- In Hancock, the median home price is higher at $295,000, while in Trumann it is $115,000.
- The rent for a two-bedroom apartment is equal in both Hancock and Trumann at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hancock | Trumann |
|---|---|---|
| Electricity Price | $22.26 | $12.36 |
| Natural Gas Price | $21.63 | $17.08 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Hancock vs Trumann
- Electricity costs are higher in Hancock at $22.26 per kWh, compared to $12.36 in Trumann.
- Natural gas is more expensive in Hancock at $21.63 per unit, while it is cheaper at $17.08 in Trumann.
- Utility expenses are equal in both Hancock and Trumann averaging $0.0.