Cost of Living: Hickman, KY vs Gatesville, TX
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Hickman | Gatesville |
---|---|---|
Housing Index | 85.0 | 85.0 |
Median Home Price | $162,000 | $230,000 |
Average Rent (2 BR Apartment) | $960 | $1200 |
Average Rent (2 BR House) | $1040 | $1352 |
Housing Comparison: Hickman vs Gatesville
- The median home price in Gatesville is higher at $230,000, compared to $162,000 in Hickman.
- Renting a two-bedroom apartment costs more in Hickman at $960 than in Gatesville 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 | Hickman | Gatesville |
---|---|---|
Electricity Price | $12.87 | $14.47 |
Natural Gas Price | $22.78 | $26.29 |
Other Utilities | $180 | $250 |
Utilities Comparison: Hickman vs Gatesville
- Gatesville has higher electricity costs at $14.47 per kWh, versus $12.87 in Hickman.
- Gatesville experiences higher natural gas costs at $26.29 per unit, with costs at $22.78 in Hickman.
- Gatesville has higher utility expenses, averaging $250, while Hickman averages $180.