Cost of Living: Hanover, ME vs Lexington, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hanover | Lexington |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $250,000 | $166,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1300 |
Housing Comparison: Hanover vs Lexington
- In Hanover, the median home price is higher at $250,000, while in Lexington it is $166,000.
- The rent for a two-bedroom apartment is equal in both Hanover and Lexington 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 | Hanover | Lexington |
|---|---|---|
| Electricity Price | $22.26 | $13.72 |
| Natural Gas Price | $21.63 | $Data is updating |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Hanover vs Lexington
- Electricity costs are higher in Hanover at $22.26 per kWh, compared to $13.72 in Lexington.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Hanover and Lexington averaging $0.0.