Cost of Living: Desoto, TX vs Wilmington, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Desoto | Wilmington |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $342,000 | $320,000 |
| Average Rent (2 BR Apartment) | $1450 | $1500 |
| Average Rent (2 BR House) | $1500 | $1600 |
Housing Comparison: Desoto vs Wilmington
- In Desoto, the median home price is higher at $342,000, while in Wilmington it is $320,000.
- In Wilmington, the rental for a two-bedroom apartment stands at $1,500, while it is $1,450 in Desoto.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Desoto | Wilmington |
|---|---|---|
| Electricity Price | $14.47 | $13.72 |
| Natural Gas Price | $26.29 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Desoto vs Wilmington
- Electricity costs are higher in Desoto at $14.47 per kWh, compared to $13.72 in Wilmington.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Desoto and Wilmington averaging $250.