Cost of Living: Palmyra, NY vs Wilmington, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palmyra | Wilmington |
|---|---|---|
| Housing Index | 110.0 | 110.0 |
| Median Home Price | $185,000 | $320,000 |
| Average Rent (2 BR Apartment) | $1600 | $1500 |
| Average Rent (2 BR House) | $1630 | $1600 |
Housing Comparison: Palmyra vs Wilmington
- The median home price in Wilmington is higher at $320,000, compared to $185,000 in Palmyra.
- Renting a two-bedroom apartment costs more in Palmyra at $1,600 than in Wilmington at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Palmyra | Wilmington |
|---|---|---|
| Electricity Price | $26.08 | $13.72 |
| Natural Gas Price | $18.13 | $Data is updating |
| Other Utilities | $275 | $250 |
Utilities Comparison: Palmyra vs Wilmington
- Electricity costs are higher in Palmyra at $26.08 per kWh, compared to $13.72 in Wilmington.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Palmyra at an average of $275, compared to Wilmington with $250.