Cost of Living: Jackson, MI vs Hickory, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Jackson | Hickory |
|---|---|---|
| Housing Index | 75.6 | 85.0 |
| Median Home Price | $158,000 | $274,000 |
| Average Rent (2 BR Apartment) | $980 | $1200 |
| Average Rent (2 BR House) | $1039 | $1325 |
Housing Comparison: Jackson vs Hickory
- The median home price in Hickory is higher at $274,000, compared to $158,000 in Jackson.
- Renting a two-bedroom apartment costs more in Jackson at $980 than in Hickory 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 | Jackson | Hickory |
|---|---|---|
| Electricity Price | $19.88 | $13.72 |
| Natural Gas Price | $15.42 | $Data is updating |
| Other Utilities | $250 | $150 |
Utilities Comparison: Jackson vs Hickory
- Electricity costs are higher in Jackson at $19.88 per kWh, compared to $13.72 in Hickory.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Jackson at an average of $250, compared to Hickory with $150.