Cost of Living: Hickory, NC vs Paris, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hickory | Paris |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $274,000 | $105,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1325 | $850 |
Housing Comparison: Hickory vs Paris
- In Hickory, the median home price is higher at $274,000, while in Paris it is $105,000.
- In Paris, the rental for a two-bedroom apartment stands at $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 | Paris |
|---|---|---|
| Electricity Price | $13.72 | $16.15 |
| Natural Gas Price | $Data is updating | $16.59 |
| Other Utilities | $150 | $200 |
Utilities Comparison: Hickory vs Paris
- Paris has higher electricity costs at $16.15 per kWh, versus $13.72 in Hickory.
- Natural gas price data is currently unavailable.
- Paris has higher utility expenses, averaging $200, while Hickory averages $150.