Cost of Living: Artesia, NM vs Mckinney, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Artesia | Mckinney |
|---|---|---|
| Housing Index | 93.8 | 102.5 |
| Median Home Price | $236,000 | $360,000 |
| Average Rent (2 BR Apartment) | $1452 | $1673 |
| Average Rent (2 BR House) | $1578 | $1819 |
Housing Comparison: Artesia vs Mckinney
- The median home price in Mckinney is higher at $360,000, compared to $236,000 in Artesia.
- In Mckinney, the rental for a two-bedroom apartment stands at $1,673, while it is $1,452 in Artesia.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Artesia | Mckinney |
|---|---|---|
| Electricity Price | $14.44 | $14.47 |
| Natural Gas Price | $Data is updating | $26.29 |
| Other Utilities | $212 | $200 |
Utilities Comparison: Artesia vs Mckinney
- Mckinney has higher electricity costs at $14.47 per kWh, versus $14.44 in Artesia.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Artesia at an average of $212, compared to Mckinney with $200.