Cost of Living: Kinston, NC vs Lancaster, VA

Housing

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

Metric Kinston Lancaster
Housing Index 85.0 110.2
Median Home Price $189,000 $327,000
Average Rent (2 BR Apartment) $1200 $1400
Average Rent (2 BR House) $1360 $1450

Housing Comparison: Kinston vs Lancaster

  • The median home price in Lancaster is higher at $327,000, compared to $189,000 in Kinston.
  • In Lancaster, the rental for a two-bedroom apartment stands at $1,400, while it is $1,200 in Kinston.

Utilities

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

Metric Kinston Lancaster
Electricity Price $13.72 $15.31
Natural Gas Price $Data is updating $19.91
Other Utilities $200 $250

Utilities Comparison: Kinston vs Lancaster

  • Lancaster has higher electricity costs at $15.31 per kWh, versus $13.72 in Kinston.
  • Natural gas price data is currently unavailable.
  • Lancaster has higher utility expenses, averaging $250, while Kinston averages $200.