Cost of Living: Kannapolis, NC vs Bangor, ME
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Kannapolis | Bangor |
|---|---|---|
| Housing Index | 95.7 | 110.5 |
| Median Home Price | $295,000 | $227,000 |
| Average Rent (2 BR Apartment) | $1400 | $1200 |
| Average Rent (2 BR House) | $1440 | $1300 |
Housing Comparison: Kannapolis vs Bangor
- In Kannapolis, the median home price is higher at $295,000, while in Bangor it is $227,000.
- Renting a two-bedroom apartment costs more in Kannapolis at $1,400 than in Bangor 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 | Kannapolis | Bangor |
|---|---|---|
| Electricity Price | $13.72 | $22.26 |
| Natural Gas Price | $Data is updating | $21.63 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Kannapolis vs Bangor
- Bangor has higher electricity costs at $22.26 per kWh, versus $13.72 in Kannapolis.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Kannapolis and Bangor averaging $250.