Cost of Living: Mendenhall, MS vs Hope mills, NC
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Mendenhall | Hope mills |
---|---|---|
Housing Index | 85.0 | 90.0 |
Median Home Price | $190,000 | $279,000 |
Average Rent (2 BR Apartment) | $800 | $1200 |
Average Rent (2 BR House) | $832 | $1360 |
Housing Comparison: Mendenhall vs Hope mills
- The median home price in Hope mills is higher at $279,000, compared to $190,000 in Mendenhall.
- Renting a two-bedroom apartment costs more in Mendenhall at $800 than in Hope mills 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 | Mendenhall | Hope mills |
---|---|---|
Electricity Price | $13.42 | $13.72 |
Natural Gas Price | $22.19 | $Data is updating |
Other Utilities | $210 | $250 |
Utilities Comparison: Mendenhall vs Hope mills
- Hope mills has higher electricity costs at $13.72 per kWh, versus $13.42 in Mendenhall.
- Natural gas price data is currently unavailable.
- Hope mills has higher utility expenses, averaging $250, while Mendenhall averages $210.