Cost of Living: Greenwood, SC vs Olcott, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Greenwood | Olcott |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $236,200 | $375,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1150 | $Data is updating |
Housing Comparison: Greenwood vs Olcott
- The median home price in Olcott is higher at $375,000, compared to $236,200 in Greenwood.
- The rent for a two-bedroom apartment is equal in both Greenwood and Olcott 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 | Greenwood | Olcott |
|---|---|---|
| Electricity Price | $14.18 | $26.08 |
| Natural Gas Price | $23.51 | $18.13 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Greenwood vs Olcott
- Olcott has higher electricity costs at $26.08 per kWh, versus $14.18 in Greenwood.
- Natural gas is more expensive in Greenwood at $23.51 per unit, while it is cheaper at $18.13 in Olcott.
- Utility expenses are equal in both Greenwood and Olcott averaging $200.