Cost of Living: Hancock, MN vs Rayville, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hancock | Rayville |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $198,000 | $125,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Hancock vs Rayville
- In Hancock, the median home price is higher at $198,000, while in Rayville it is $125,000.
- The rent for a two-bedroom apartment is equal in both Hancock and Rayville at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hancock | Rayville |
|---|---|---|
| Electricity Price | $16.38 | $11.42 |
| Natural Gas Price | $14.87 | $19.48 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Hancock vs Rayville
- Electricity costs are higher in Hancock at $16.38 per kWh, compared to $11.42 in Rayville.
- Rayville experiences higher natural gas costs at $19.48 per unit, with costs at $14.87 in Hancock.
- Utility expenses are equal in both Hancock and Rayville averaging $0.0.