Cost of Living: Hickman, KY vs Raymore, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hickman | Raymore |
|---|---|---|
| Housing Index | 85.0 | 95.0 |
| Median Home Price | $162,000 | $350,000 |
| Average Rent (2 BR Apartment) | $960 | $1200 |
| Average Rent (2 BR House) | $1040 | $1360 |
Housing Comparison: Hickman vs Raymore
- The median home price in Raymore is higher at $350,000, compared to $162,000 in Hickman.
- Renting a two-bedroom apartment costs more in Hickman at $960 than in Raymore 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 | Hickman | Raymore |
|---|---|---|
| Electricity Price | $12.87 | $14.64 |
| Natural Gas Price | $22.78 | $23.25 |
| Other Utilities | $180 | $250 |
Utilities Comparison: Hickman vs Raymore
- Raymore has higher electricity costs at $14.64 per kWh, versus $12.87 in Hickman.
- Raymore experiences higher natural gas costs at $23.25 per unit, with costs at $22.78 in Hickman.
- Raymore has higher utility expenses, averaging $250, while Hickman averages $180.