Cost of Living: Hannibal, MO vs Wilmington, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hannibal | Wilmington |
|---|---|---|
| Housing Index | 75.0 | 110.0 |
| Median Home Price | $140,000 | $320,000 |
| Average Rent (2 BR Apartment) | $900 | $1500 |
| Average Rent (2 BR House) | $960 | $1600 |
Housing Comparison: Hannibal vs Wilmington
- The median home price in Wilmington is higher at $320,000, compared to $140,000 in Hannibal.
- Renting a two-bedroom apartment costs more in Hannibal at $900 than in Wilmington at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hannibal | Wilmington |
|---|---|---|
| Electricity Price | $14.64 | $13.72 |
| Natural Gas Price | $23.25 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Hannibal vs Wilmington
- Electricity costs are higher in Hannibal at $14.64 per kWh, compared to $13.72 in Wilmington.
- Natural gas price data is currently unavailable.
- Wilmington has higher utility expenses, averaging $250, while Hannibal averages $200.