Cost of Living: Raeford, NC vs Royal, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Raeford | Royal |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $213,000 | $203,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Raeford vs Royal
- In Raeford, the median home price is higher at $213,000, while in Royal it is $203,000.
- The rent for a two-bedroom apartment is equal in both Raeford and Royal at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Raeford | Royal |
|---|---|---|
| Electricity Price | $13.72 | $12.36 |
| Natural Gas Price | $Data is updating | $17.08 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Raeford vs Royal
- Electricity costs are higher in Raeford at $13.72 per kWh, compared to $12.36 in Royal.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Raeford and Royal averaging $0.0.