Cost of Living: Manchester, NH vs Lexington, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Manchester | Lexington |
|---|---|---|
| Housing Index | 115.0 | 85.0 |
| Median Home Price | $348,000 | $166,000 |
| Average Rent (2 BR Apartment) | $1900 | $1200 |
| Average Rent (2 BR House) | $2000 | $1300 |
Housing Comparison: Manchester vs Lexington
- In Manchester, the median home price is higher at $348,000, while in Lexington it is $166,000.
- Renting a two-bedroom apartment costs more in Manchester at $1,900 than in Lexington 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 | Manchester | Lexington |
|---|---|---|
| Electricity Price | $22.44 | $13.72 |
| Natural Gas Price | $17.58 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Manchester vs Lexington
- Electricity costs are higher in Manchester at $22.44 per kWh, compared to $13.72 in Lexington.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Manchester and Lexington averaging $250.