Cost of Living: Raleigh, NC vs Caldwell, ID
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Raleigh | Caldwell |
|---|---|---|
| Housing Index | 110.0 | 99.5 |
| Median Home Price | $391,000 | $360,000 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1280 | $1596 |
Housing Comparison: Raleigh vs Caldwell
- In Raleigh, the median home price is higher at $391,000, while in Caldwell it is $360,000.
- In Caldwell, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Raleigh.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Raleigh | Caldwell |
|---|---|---|
| Electricity Price | $13.72 | $12.28 |
| Natural Gas Price | $Data is updating | $9.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Raleigh vs Caldwell
- Electricity costs are higher in Raleigh at $13.72 per kWh, compared to $12.28 in Caldwell.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Raleigh and Caldwell averaging $250.