Cost of Living: Hilo, HI vs Rayne, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hilo | Rayne |
|---|---|---|
| Housing Index | 160.0 | 85.0 |
| Median Home Price | $479,000 | $134,000 |
| Average Rent (2 BR Apartment) | $2500 | $1200 |
| Average Rent (2 BR House) | $2400 | $1300 |
Housing Comparison: Hilo vs Rayne
- In Hilo, the median home price is higher at $479,000, while in Rayne it is $134,000.
- Renting a two-bedroom apartment costs more in Hilo at $2,500 than in Rayne 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 | Hilo | Rayne |
|---|---|---|
| Electricity Price | $42.45 | $11.42 |
| Natural Gas Price | $51.22 | $19.48 |
| Other Utilities | $350 | $250 |
Utilities Comparison: Hilo vs Rayne
- Electricity costs are higher in Hilo at $42.45 per kWh, compared to $11.42 in Rayne.
- Natural gas is more expensive in Hilo at $51.22 per unit, while it is cheaper at $19.48 in Rayne.
- Other utility costs are higher in Hilo at an average of $350, compared to Rayne with $250.