Cost of Living: Raleigh, NC vs Westminster, VT

Housing

The housing market plays a significant role in determining the cost of living.

Metric Raleigh Westminster
Housing Index 110.0 120.0
Median Home Price $391,000 $275,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1280 $1850

Housing Comparison: Raleigh vs Westminster

  • In Raleigh, the median home price is higher at $391,000, while in Westminster it is $275,000.
  • In Westminster, the rental for a two-bedroom apartment stands at $1,800, 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 Westminster
Electricity Price $13.72 $21.91
Natural Gas Price $Data is updating $18.28
Other Utilities $250 $250

Utilities Comparison: Raleigh vs Westminster

  • Westminster has higher electricity costs at $21.91 per kWh, versus $13.72 in Raleigh.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Raleigh and Westminster averaging $250.