Cost of Living: Mountain home, AR vs Hickory, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mountain home | Hickory |
|---|---|---|
| Housing Index | 102.0 | 85.0 |
| Median Home Price | $197,000 | $274,000 |
| Average Rent (2 BR Apartment) | $950 | $1200 |
| Average Rent (2 BR House) | $960 | $1325 |
Housing Comparison: Mountain home vs Hickory
- The median home price in Hickory is higher at $274,000, compared to $197,000 in Mountain home.
- Renting a two-bedroom apartment costs more in Mountain home at $950 than in Hickory 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 | Mountain home | Hickory |
|---|---|---|
| Electricity Price | $12.36 | $13.72 |
| Natural Gas Price | $17.08 | $Data is updating |
| Other Utilities | $250 | $150 |
Utilities Comparison: Mountain home vs Hickory
- Hickory has higher electricity costs at $13.72 per kWh, versus $12.36 in Mountain home.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Mountain home at an average of $250, compared to Hickory with $150.