Cost of Living: Provo, UT vs Wilmington, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Provo | Wilmington |
|---|---|---|
| Housing Index | 110.5 | 110.0 |
| Median Home Price | $359,000 | $320,000 |
| Average Rent (2 BR Apartment) | $1400 | $1500 |
| Average Rent (2 BR House) | $1440 | $1600 |
Housing Comparison: Provo vs Wilmington
- In Provo, the median home price is higher at $359,000, while in Wilmington it is $320,000.
- In Wilmington, the rental for a two-bedroom apartment stands at $1,500, while it is $1,400 in Provo.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Provo | Wilmington |
|---|---|---|
| Electricity Price | $11.5 | $13.72 |
| Natural Gas Price | $14 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Provo vs Wilmington
- Wilmington has higher electricity costs at $13.72 per kWh, versus $11.5 in Provo.
- Natural gas price data is currently unavailable.
- Wilmington has higher utility expenses, averaging $250, while Provo averages $200.