Cost of Living: Southlake, TX vs Hilton head island, SC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Southlake | Hilton head island |
|---|---|---|
| Housing Index | 145.0 | 125.0 |
| Median Home Price | $668,000 | $590,000 |
| Average Rent (2 BR Apartment) | $2800 | $2400 |
| Average Rent (2 BR House) | $2856 | $2500 |
Housing Comparison: Southlake vs Hilton head island
- In Southlake, the median home price is higher at $668,000, while in Hilton head island it is $590,000.
- Renting a two-bedroom apartment costs more in Southlake at $2,800 than in Hilton head island at $2,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Southlake | Hilton head island |
|---|---|---|
| Electricity Price | $14.47 | $14.18 |
| Natural Gas Price | $26.29 | $23.51 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Southlake vs Hilton head island
- Electricity costs are higher in Southlake at $14.47 per kWh, compared to $14.18 in Hilton head island.
- Natural gas is more expensive in Southlake at $26.29 per unit, while it is cheaper at $23.51 in Hilton head island.
- Utility expenses are equal in both Southlake and Hilton head island averaging $250.