Cost of Living: Hickory, NC vs Mitchell, IN

Housing

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

Metric Hickory Mitchell
Housing Index 85.0 Data is updating
Median Home Price $274,000 $150,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1325 $Data is updating

Housing Comparison: Hickory vs Mitchell

  • In Hickory, the median home price is higher at $274,000, while in Mitchell it is $150,000.
  • The rent for a two-bedroom apartment is equal in both Hickory and Mitchell 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 Hickory Mitchell
Electricity Price $13.72 $14.89
Natural Gas Price $Data is updating $Data is updating
Other Utilities $150 $Data is updating

Utilities Comparison: Hickory vs Mitchell

  • Mitchell has higher electricity costs at $14.89 per kWh, versus $13.72 in Hickory.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Hickory and Mitchell averaging $150.