Cost of Living: Carthage, TX vs Wyoming, MI

Housing

The housing market plays a significant role in determining the cost of living.

Metric Carthage Wyoming
Housing Index 85.0 110.0
Median Home Price $166,100 $191,000
Average Rent (2 BR Apartment) $1200 $1400
Average Rent (2 BR House) $1276 $1450

Housing Comparison: Carthage vs Wyoming

  • The median home price in Wyoming is higher at $191,000, compared to $166,100 in Carthage.
  • In Wyoming, the rental for a two-bedroom apartment stands at $1,400, while it is $1,200 in Carthage.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Carthage Wyoming
Electricity Price $14.47 $19.88
Natural Gas Price $26.29 $15.42
Other Utilities $250 $250

Utilities Comparison: Carthage vs Wyoming

  • Wyoming has higher electricity costs at $19.88 per kWh, versus $14.47 in Carthage.
  • Natural gas is more expensive in Carthage at $26.29 per unit, while it is cheaper at $15.42 in Wyoming.
  • Utility expenses are equal in both Carthage and Wyoming averaging $250.