Cost of Living: Mount olive, MS vs Banning, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mount olive | Banning |
|---|---|---|
| Housing Index | Data is updating | 110.0 |
| Median Home Price | $103,000 | $420,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1828 |
Housing Comparison: Mount olive vs Banning
- The median home price in Banning is higher at $420,000, compared to $103,000 in Mount olive.
- The rent for a two-bedroom apartment is equal in both Mount olive and Banning at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mount olive | Banning |
|---|---|---|
| Electricity Price | $13.42 | $32.99 |
| Natural Gas Price | $22.19 | $16.99 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Mount olive vs Banning
- Banning has higher electricity costs at $32.99 per kWh, versus $13.42 in Mount olive.
- Natural gas is more expensive in Mount olive at $22.19 per unit, while it is cheaper at $16.99 in Banning.
- Utility expenses are equal in both Mount olive and Banning averaging $0.0.