Cost of Living: Fairfield, CT vs Hope mills, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fairfield | Hope mills |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $470,000 | $279,000 |
| Average Rent (2 BR Apartment) | $2400 | $1200 |
| Average Rent (2 BR House) | $2450 | $1360 |
Housing Comparison: Fairfield vs Hope mills
- In Fairfield, the median home price is higher at $470,000, while in Hope mills it is $279,000.
- Renting a two-bedroom apartment costs more in Fairfield at $2,400 than in Hope mills 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 | Fairfield | Hope mills |
|---|---|---|
| Electricity Price | $26 | $13.72 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $280 | $250 |
Utilities Comparison: Fairfield vs Hope mills
- Electricity costs are higher in Fairfield at $26 per kWh, compared to $13.72 in Hope mills.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Fairfield at an average of $280, compared to Hope mills with $250.