Cost of Living: Carmel, IN vs Henderson, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Carmel | Henderson |
|---|---|---|
| Housing Index | 120.5 | 85.0 |
| Median Home Price | $396,000 | $173,000 |
| Average Rent (2 BR Apartment) | $1800 | $800 |
| Average Rent (2 BR House) | $1830 | $825 |
Housing Comparison: Carmel vs Henderson
- In Carmel, the median home price is higher at $396,000, while in Henderson it is $173,000.
- In Henderson, the rental for a two-bedroom apartment stands at $800, while it is $1,800 in Carmel.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Carmel | Henderson |
|---|---|---|
| Electricity Price | $14.89 | $14.47 |
| Natural Gas Price | $Data is updating | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Carmel vs Henderson
- Electricity costs are higher in Carmel at $14.89 per kWh, compared to $14.47 in Henderson.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Carmel and Henderson averaging $250.