Cost of Living: Hickman, KY vs New orleans, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hickman | New orleans |
|---|---|---|
| Housing Index | 85.0 | 112.0 |
| Median Home Price | $162,000 | $305,000 |
| Average Rent (2 BR Apartment) | $960 | $1500 |
| Average Rent (2 BR House) | $1040 | $1600 |
Housing Comparison: Hickman vs New orleans
- The median home price in New orleans is higher at $305,000, compared to $162,000 in Hickman.
- Renting a two-bedroom apartment costs more in Hickman at $960 than in New orleans 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 | Hickman | New orleans |
|---|---|---|
| Electricity Price | $12.87 | $11.42 |
| Natural Gas Price | $22.78 | $19.48 |
| Other Utilities | $180 | $250 |
Utilities Comparison: Hickman vs New orleans
- Electricity costs are higher in Hickman at $12.87 per kWh, compared to $11.42 in New orleans.
- Natural gas is more expensive in Hickman at $22.78 per unit, while it is cheaper at $19.48 in New orleans.
- New orleans has higher utility expenses, averaging $250, while Hickman averages $180.