Cost of Living: Hickory, NC vs Fairport, NY

Housing

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

Metric Hickory Fairport
Housing Index 85.0 120.0
Median Home Price $274,000 $265,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1325 $1900

Housing Comparison: Hickory vs Fairport

  • In Hickory, the median home price is higher at $274,000, while in Fairport it is $265,000.
  • In Fairport, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Hickory.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Hickory Fairport
Electricity Price $13.72 $26.08
Natural Gas Price $Data is updating $18.13
Other Utilities $150 $250

Utilities Comparison: Hickory vs Fairport

  • Fairport has higher electricity costs at $26.08 per kWh, versus $13.72 in Hickory.
  • Natural gas price data is currently unavailable.
  • Fairport has higher utility expenses, averaging $250, while Hickory averages $150.