Cost of Living: Clayton, NC vs Cabot, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Clayton | Cabot |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $395,000 | $217,500 |
| Average Rent (2 BR Apartment) | $1350 | $1200 |
| Average Rent (2 BR House) | $1385 | $1245 |
Housing Comparison: Clayton vs Cabot
- In Clayton, the median home price is higher at $395,000, while in Cabot it is $217,500.
- Renting a two-bedroom apartment costs more in Clayton at $1,350 than in Cabot 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 | Clayton | Cabot |
|---|---|---|
| Electricity Price | $13.72 | $12.36 |
| Natural Gas Price | $Data is updating | $17.08 |
| Other Utilities | $220 | $200 |
Utilities Comparison: Clayton vs Cabot
- Electricity costs are higher in Clayton at $13.72 per kWh, compared to $12.36 in Cabot.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Clayton at an average of $220, compared to Cabot with $200.