Cost of Living: Clarksdale, MS vs Hope mills, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Clarksdale | Hope mills |
|---|---|---|
| Housing Index | 75.0 | 90.0 |
| Median Home Price | $120,000 | $279,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1300 | $1360 |
Housing Comparison: Clarksdale vs Hope mills
- The median home price in Hope mills is higher at $279,000, compared to $120,000 in Clarksdale.
- The rent for a two-bedroom apartment is equal in both Clarksdale and Hope mills at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Clarksdale | Hope mills |
|---|---|---|
| Electricity Price | $13.42 | $13.72 |
| Natural Gas Price | $22.19 | $Data is updating |
| Other Utilities | $150 | $250 |
Utilities Comparison: Clarksdale vs Hope mills
- Hope mills has higher electricity costs at $13.72 per kWh, versus $13.42 in Clarksdale.
- Natural gas price data is currently unavailable.
- Hope mills has higher utility expenses, averaging $250, while Clarksdale averages $150.