Cost of Living: Fort mill, SC vs Hannibal, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fort mill | Hannibal |
|---|---|---|
| Housing Index | 110.5 | 75.0 |
| Median Home Price | $327,500 | $140,000 |
| Average Rent (2 BR Apartment) | $1800 | $900 |
| Average Rent (2 BR House) | $1936 | $960 |
Housing Comparison: Fort mill vs Hannibal
- In Fort mill, the median home price is higher at $327,500, while in Hannibal it is $140,000.
- In Hannibal, the rental for a two-bedroom apartment stands at $900, while it is $1,800 in Fort mill.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Fort mill | Hannibal |
|---|---|---|
| Electricity Price | $14.18 | $14.64 |
| Natural Gas Price | $23.51 | $23.25 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Fort mill vs Hannibal
- Hannibal has higher electricity costs at $14.64 per kWh, versus $14.18 in Fort mill.
- Natural gas is more expensive in Fort mill at $23.51 per unit, while it is cheaper at $23.25 in Hannibal.
- Other utility costs are higher in Fort mill at an average of $250, compared to Hannibal with $200.