Cost of Living: Norman, OK vs Hilton head island, SC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Norman | Hilton head island |
|---|---|---|
| Housing Index | 85.5 | 125.0 |
| Median Home Price | $265,000 | $590,000 |
| Average Rent (2 BR Apartment) | $1100 | $2400 |
| Average Rent (2 BR House) | $1200 | $2500 |
Housing Comparison: Norman vs Hilton head island
- The median home price in Hilton head island is higher at $590,000, compared to $265,000 in Norman.
- In Hilton head island, the rental for a two-bedroom apartment stands at $2,400, while it is $1,100 in Norman.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Norman | Hilton head island |
|---|---|---|
| Electricity Price | $12.37 | $14.18 |
| Natural Gas Price | $20.27 | $23.51 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Norman vs Hilton head island
- Hilton head island has higher electricity costs at $14.18 per kWh, versus $12.37 in Norman.
- Hilton head island experiences higher natural gas costs at $23.51 per unit, with costs at $20.27 in Norman.
- Utility expenses are equal in both Norman and Hilton head island averaging $250.