Cost of Living: Lexington, NC vs Salem, UT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lexington | Salem |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $166,000 | $418,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1300 | $Data is updating |
Housing Comparison: Lexington vs Salem
- The median home price in Salem is higher at $418,000, compared to $166,000 in Lexington.
- The rent for a two-bedroom apartment is equal in both Lexington and Salem 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 | Lexington | Salem |
|---|---|---|
| Electricity Price | $13.72 | $11.5 |
| Natural Gas Price | $Data is updating | $14 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Lexington vs Salem
- Electricity costs are higher in Lexington at $13.72 per kWh, compared to $11.5 in Salem.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Lexington and Salem averaging $250.