Cost of Living: Hope mills, NC vs Martinsburg, WV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hope mills | Martinsburg |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $279,000 | $249,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1360 |
Housing Comparison: Hope mills vs Martinsburg
- In Hope mills, the median home price is higher at $279,000, while in Martinsburg it is $249,000.
- The rent for a two-bedroom apartment is equal in both Hope mills and Martinsburg 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 | Hope mills | Martinsburg |
|---|---|---|
| Electricity Price | $13.72 | $15.48 |
| Natural Gas Price | $Data is updating | $23.05 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Hope mills vs Martinsburg
- Martinsburg has higher electricity costs at $15.48 per kWh, versus $13.72 in Hope mills.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Hope mills at an average of $250, compared to Martinsburg with $200.