Cost of Living: Paris, TX vs Hilo, HI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Paris | Hilo |
|---|---|---|
| Housing Index | 98.2 | 160.0 |
| Median Home Price | $177,000 | $479,000 |
| Average Rent (2 BR Apartment) | $1563 | $1931 |
| Average Rent (2 BR House) | $1699 | $2099 |
Housing Comparison: Paris vs Hilo
- The median home price in Hilo is higher at $479,000, compared to $177,000 in Paris.
- In Hilo, the rental for a two-bedroom apartment stands at $1,931, while it is $1,563 in Paris.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Paris | Hilo |
|---|---|---|
| Electricity Price | $14.47 | $42.45 |
| Natural Gas Price | $26.29 | $51.22 |
| Other Utilities | $235 | $350 |
Utilities Comparison: Paris vs Hilo
- Hilo has higher electricity costs at $42.45 per kWh, versus $14.47 in Paris.
- Hilo experiences higher natural gas costs at $51.22 per unit, with costs at $26.29 in Paris.
- Hilo has higher utility expenses, averaging $350, while Paris averages $235.
