Cost of Living: Elkhart, IN vs Wadesboro, NC
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Elkhart | Wadesboro |
---|---|---|
Housing Index | 85.0 | 90.0 |
Median Home Price | $224,000 | $147,000 |
Average Rent (2 BR Apartment) | $900 | $1200 |
Average Rent (2 BR House) | $960 | $1250 |
Housing Comparison: Elkhart vs Wadesboro
- In Elkhart, the median home price is higher at $224,000, while in Wadesboro it is $147,000.
- Renting a two-bedroom apartment costs more in Elkhart at $900 than in Wadesboro 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 | Elkhart | Wadesboro |
---|---|---|
Electricity Price | $14.89 | $13.72 |
Natural Gas Price | $Data is updating | $Data is updating |
Other Utilities | $250 | $200 |
Utilities Comparison: Elkhart vs Wadesboro
- Electricity costs are higher in Elkhart at $14.89 per kWh, compared to $13.72 in Wadesboro.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Elkhart at an average of $250, compared to Wadesboro with $200.