Cost of Living: Cabot, AR vs Kannapolis, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cabot | Kannapolis |
|---|---|---|
| Housing Index | 90.0 | 95.7 |
| Median Home Price | $217,500 | $295,000 |
| Average Rent (2 BR Apartment) | $1200 | $1400 |
| Average Rent (2 BR House) | $1245 | $1440 |
Housing Comparison: Cabot vs Kannapolis
- The median home price in Kannapolis is higher at $295,000, compared to $217,500 in Cabot.
- In Kannapolis, the rental for a two-bedroom apartment stands at $1,400, while it is $1,200 in Cabot.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cabot | Kannapolis |
|---|---|---|
| Electricity Price | $12.36 | $13.72 |
| Natural Gas Price | $17.08 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Cabot vs Kannapolis
- Kannapolis has higher electricity costs at $13.72 per kWh, versus $12.36 in Cabot.
- Natural gas price data is currently unavailable.
- Kannapolis has higher utility expenses, averaging $250, while Cabot averages $200.