Cost of Living: Palm city, FL vs Tuscaloosa, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palm city | Tuscaloosa |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $530,000 | $249,900 |
| Average Rent (2 BR Apartment) | $2200 | $950 |
| Average Rent (2 BR House) | $2280 | $1000 |
Housing Comparison: Palm city vs Tuscaloosa
- In Palm city, the median home price is higher at $530,000, while in Tuscaloosa it is $249,900.
- In Tuscaloosa, the rental for a two-bedroom apartment stands at $950, while it is $2,200 in Palm city.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Palm city | Tuscaloosa |
|---|---|---|
| Electricity Price | $13.89 | $15.03 |
| Natural Gas Price | $26.13 | $21.76 |
| Other Utilities | $270 | $200 |
Utilities Comparison: Palm city vs Tuscaloosa
- Tuscaloosa has higher electricity costs at $15.03 per kWh, versus $13.89 in Palm city.
- Natural gas is more expensive in Palm city at $26.13 per unit, while it is cheaper at $21.76 in Tuscaloosa.
- Other utility costs are higher in Palm city at an average of $270, compared to Tuscaloosa with $200.