Cost of Living: Covina, CA vs Hickory, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Covina | Hickory |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $641,000 | $274,000 |
| Average Rent (2 BR Apartment) | $2400 | $1200 |
| Average Rent (2 BR House) | $2385 | $1325 |
Housing Comparison: Covina vs Hickory
- In Covina, the median home price is higher at $641,000, while in Hickory it is $274,000.
- Renting a two-bedroom apartment costs more in Covina at $2,400 than in Hickory 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 | Covina | Hickory |
|---|---|---|
| Electricity Price | $32.99 | $13.72 |
| Natural Gas Price | $16.99 | $Data is updating |
| Other Utilities | $250 | $150 |
Utilities Comparison: Covina vs Hickory
- Electricity costs are higher in Covina at $32.99 per kWh, compared to $13.72 in Hickory.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Covina at an average of $250, compared to Hickory with $150.