Cost of Living: Horn lake, MS vs Plano, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Horn lake | Plano |
|---|---|---|
| Housing Index | 80.0 | 110.5 |
| Median Home Price | $196,000 | $454,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1352 | $1925 |
Housing Comparison: Horn lake vs Plano
- The median home price in Plano is higher at $454,000, compared to $196,000 in Horn lake.
- In Plano, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Horn lake.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Horn lake | Plano |
|---|---|---|
| Electricity Price | $13.42 | $14.47 |
| Natural Gas Price | $22.19 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Horn lake vs Plano
- Plano has higher electricity costs at $14.47 per kWh, versus $13.42 in Horn lake.
- Plano experiences higher natural gas costs at $26.29 per unit, with costs at $22.19 in Horn lake.
- Utility expenses are equal in both Horn lake and Plano averaging $250.