Cost of Living: Raleigh, NC vs Horn lake, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Raleigh | Horn lake |
|---|---|---|
| Housing Index | 110.0 | 80.0 |
| Median Home Price | $391,000 | $196,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1352 |
Housing Comparison: Raleigh vs Horn lake
- In Raleigh, the median home price is higher at $391,000, while in Horn lake it is $196,000.
- The rent for a two-bedroom apartment is equal in both Raleigh and 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 | Raleigh | Horn lake |
|---|---|---|
| Electricity Price | $13.72 | $13.42 |
| Natural Gas Price | $Data is updating | $22.19 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Raleigh vs Horn lake
- Electricity costs are higher in Raleigh at $13.72 per kWh, compared to $13.42 in Horn lake.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Raleigh and Horn lake averaging $250.