Cost of Living: Lincolnton, NC vs Falmouth, KY

Housing

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

Metric Lincolnton Falmouth
Housing Index 90.0 90.0
Median Home Price $215,000 $226,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1300 $1360

Housing Comparison: Lincolnton vs Falmouth

  • The median home price in Falmouth is higher at $226,000, compared to $215,000 in Lincolnton.
  • The rent for a two-bedroom apartment is equal in both Lincolnton and Falmouth 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 Lincolnton Falmouth
Electricity Price $13.72 $12.87
Natural Gas Price $Data is updating $22.78
Other Utilities $250 $250

Utilities Comparison: Lincolnton vs Falmouth

  • Electricity costs are higher in Lincolnton at $13.72 per kWh, compared to $12.87 in Falmouth.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Lincolnton and Falmouth averaging $250.