Cost of Living: Charlotte, NC vs Tatum, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Charlotte | Tatum |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $364,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1600 | $Data is updating |
| Average Rent (2 BR House) | $1640 | $Data is updating |
Housing Comparison: Charlotte vs Tatum
- In Charlotte, the median home price is higher at $364,000, while in Tatum it is $150,000.
- The rent for a two-bedroom apartment is equal in both Charlotte and Tatum at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Charlotte | Tatum |
|---|---|---|
| Electricity Price | $13.72 | $14.44 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Charlotte vs Tatum
- Tatum has higher electricity costs at $14.44 per kWh, versus $13.72 in Charlotte.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Charlotte and Tatum averaging $250.