Cost of Living: Clayton, NC vs Cabot, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Clayton | Cabot |
|---|---|---|
| Housing Index | 110.0 | 86.4 |
| Median Home Price | $395,000 | $217,500 |
| Average Rent (2 BR Apartment) | $1686 | $1351 |
| Average Rent (2 BR House) | $1832 | $1469 |
Housing Comparison: Clayton vs Cabot
- In Clayton, the median home price is higher at $395,000, while in Cabot it is $217,500.
- Renting a two-bedroom apartment costs more in Clayton at $1,686 than in Cabot at $1,351.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Clayton | Cabot |
|---|---|---|
| Electricity Price | $13.72 | $12.36 |
| Natural Gas Price | $Data is updating | $17.08 |
| Other Utilities | $200 | $208 |
Utilities Comparison: Clayton vs Cabot
- Electricity costs are higher in Clayton at $13.72 per kWh, compared to $12.36 in Cabot.
- Natural gas price data is currently unavailable.
- Cabot has higher utility expenses, averaging $208, while Clayton averages $200.