Cost of Living: New troy, MI vs Hickory, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New troy | Hickory |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $221,500 | $274,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1325 |
Housing Comparison: New troy vs Hickory
- The median home price in Hickory is higher at $274,000, compared to $221,500 in New troy.
- The rent for a two-bedroom apartment is equal in both New troy and Hickory at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | New troy | Hickory |
|---|---|---|
| Electricity Price | $19.88 | $13.72 |
| Natural Gas Price | $15.42 | $Data is updating |
| Other Utilities | $Data is updating | $150 |
Utilities Comparison: New troy vs Hickory
- Electricity costs are higher in New troy at $19.88 per kWh, compared to $13.72 in Hickory.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both New troy and Hickory averaging $0.0.