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.