Cost of Living: Hickman, KY vs Suffolk, VA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Hickman Suffolk
Housing Index 85.0 90.0
Median Home Price $162,000 $323,900
Average Rent (2 BR Apartment) $960 $1500
Average Rent (2 BR House) $1040 $1600

Housing Comparison: Hickman vs Suffolk

  • The median home price in Suffolk is higher at $323,900, compared to $162,000 in Hickman.
  • Renting a two-bedroom apartment costs more in Hickman at $960 than in Suffolk 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 Suffolk
Electricity Price $12.87 $15.31
Natural Gas Price $22.78 $19.91
Other Utilities $180 $250

Utilities Comparison: Hickman vs Suffolk

  • Suffolk has higher electricity costs at $15.31 per kWh, versus $12.87 in Hickman.
  • Natural gas is more expensive in Hickman at $22.78 per unit, while it is cheaper at $19.91 in Suffolk.
  • Suffolk has higher utility expenses, averaging $250, while Hickman averages $180.