Cost of Living: Cranston, RI vs Concord, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cranston | Concord |
|---|---|---|
| Housing Index | 115.5 | 95.0 |
| Median Home Price | $368,600 | $308,500 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1440 |
Housing Comparison: Cranston vs Concord
- In Cranston, the median home price is higher at $368,600, while in Concord it is $308,500.
- Renting a two-bedroom apartment costs more in Cranston at $1,800 than in Concord 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 | Cranston | Concord |
|---|---|---|
| Electricity Price | $27.03 | $13.72 |
| Natural Gas Price | $21.52 | $Data is updating |
| Other Utilities | $275 | $180 |
Utilities Comparison: Cranston vs Concord
- Electricity costs are higher in Cranston at $27.03 per kWh, compared to $13.72 in Concord.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Cranston at an average of $275, compared to Concord with $180.