Cost of Living: Lincolnton, NC vs New york, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lincolnton | New york |
|---|---|---|
| Housing Index | 90.0 | 125.0 |
| Median Home Price | $215,000 | $800,000 |
| Average Rent (2 BR Apartment) | $1200 | $2800 |
| Average Rent (2 BR House) | $1300 | $2880 |
Housing Comparison: Lincolnton vs New york
- The median home price in New york is higher at $800,000, compared to $215,000 in Lincolnton.
- In New york, the rental for a two-bedroom apartment stands at $2,800, while it is $1,200 in Lincolnton.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lincolnton | New york |
|---|---|---|
| Electricity Price | $13.72 | $26.08 |
| Natural Gas Price | $Data is updating | $18.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lincolnton vs New york
- New york has higher electricity costs at $26.08 per kWh, versus $13.72 in Lincolnton.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Lincolnton and New york averaging $250.