Cost of Living: Graham, NC vs The colony, TX

Housing

The housing market plays a significant role in determining the cost of living.

Metric Graham The colony
Housing Index 88.0 110.0
Median Home Price $265,000 $413,000
Average Rent (2 BR Apartment) $1700 $1900
Average Rent (2 BR House) $1600 $2000

Housing Comparison: Graham vs The colony

  • The median home price in The colony is higher at $413,000, compared to $265,000 in Graham.
  • In The colony, the rental for a two-bedroom apartment stands at $1,900, while it is $1,700 in Graham.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Graham The colony
Electricity Price $13.72 $14.47
Natural Gas Price $Data is updating $26.29
Other Utilities $250 $250

Utilities Comparison: Graham vs The colony

  • The colony has higher electricity costs at $14.47 per kWh, versus $13.72 in Graham.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Graham and The colony averaging $250.