Cost of Living: Palmetto, FL vs Horn lake, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palmetto | Horn lake |
|---|---|---|
| Housing Index | 115.0 | 80.0 |
| Median Home Price | $285,000 | $196,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1825 | $1352 |
Housing Comparison: Palmetto vs Horn lake
- In Palmetto, the median home price is higher at $285,000, while in Horn lake it is $196,000.
- Renting a two-bedroom apartment costs more in Palmetto at $1,800 than in Horn lake 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 | Palmetto | Horn lake |
|---|---|---|
| Electricity Price | $13.89 | $13.42 |
| Natural Gas Price | $26.13 | $22.19 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Palmetto vs Horn lake
- Electricity costs are higher in Palmetto at $13.89 per kWh, compared to $13.42 in Horn lake.
- Natural gas is more expensive in Palmetto at $26.13 per unit, while it is cheaper at $22.19 in Horn lake.
- Utility expenses are equal in both Palmetto and Horn lake averaging $250.