Cost of Living: Cary, NC vs Independence, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cary | Independence |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $443,500 | $182,500 |
| Average Rent (2 BR Apartment) | $1750 | $1050 |
| Average Rent (2 BR House) | $1800 | $840 |
Housing Comparison: Cary vs Independence
- In Cary, the median home price is higher at $443,500, while in Independence it is $182,500.
- Renting a two-bedroom apartment costs more in Cary at $1,750 than in Independence at $1,050.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cary | Independence |
|---|---|---|
| Electricity Price | $13.72 | $14.64 |
| Natural Gas Price | $Data is updating | $23.25 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Cary vs Independence
- Independence has higher electricity costs at $14.64 per kWh, versus $13.72 in Cary.
- Natural gas price data is currently unavailable.
- Independence has higher utility expenses, averaging $250, while Cary averages $200.