Cost of Living: Gallup, NM vs Hancock, NH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gallup | Hancock |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $230,000 | $416,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Gallup vs Hancock
- The median home price in Hancock is higher at $416,000, compared to $230,000 in Gallup.
- The rent for a two-bedroom apartment is equal in both Gallup and Hancock 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 | Gallup | Hancock |
|---|---|---|
| Electricity Price | $14.44 | $22.44 |
| Natural Gas Price | $Data is updating | $17.58 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Gallup vs Hancock
- Hancock has higher electricity costs at $22.44 per kWh, versus $14.44 in Gallup.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Gallup and Hancock averaging $200.