Cost of Living: Holly springs, MS vs Carmel, IN

Housing

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

Metric Holly springs Carmel
Housing Index 75.0 120.5
Median Home Price $150,000 $396,000
Average Rent (2 BR Apartment) $800 $1800
Average Rent (2 BR House) $960 $1830

Housing Comparison: Holly springs vs Carmel

  • The median home price in Carmel is higher at $396,000, compared to $150,000 in Holly springs.
  • Renting a two-bedroom apartment costs more in Holly springs at $800 than in Carmel at $1,800.

Utilities

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

Metric Holly springs Carmel
Electricity Price $13.42 $14.89
Natural Gas Price $22.19 $Data is updating
Other Utilities $200 $250

Utilities Comparison: Holly springs vs Carmel

  • Carmel has higher electricity costs at $14.89 per kWh, versus $13.42 in Holly springs.
  • Natural gas price data is currently unavailable.
  • Carmel has higher utility expenses, averaging $250, while Holly springs averages $200.