Cost of Living: Hilton head island, SC vs Lexington, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hilton head island | Lexington |
|---|---|---|
| Housing Index | 125.0 | 85.0 |
| Median Home Price | $590,000 | $166,000 |
| Average Rent (2 BR Apartment) | $2400 | $1200 |
| Average Rent (2 BR House) | $2500 | $1300 |
Housing Comparison: Hilton head island vs Lexington
- In Hilton head island, the median home price is higher at $590,000, while in Lexington it is $166,000.
- Renting a two-bedroom apartment costs more in Hilton head island at $2,400 than in Lexington 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 | Hilton head island | Lexington |
|---|---|---|
| Electricity Price | $14.18 | $13.72 |
| Natural Gas Price | $23.51 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Hilton head island vs Lexington
- Electricity costs are higher in Hilton head island at $14.18 per kWh, compared to $13.72 in Lexington.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Hilton head island and Lexington averaging $250.