Cost of Living: Phenix city, AL vs Lafayette, LA
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Phenix city | Lafayette |
---|---|---|
Housing Index | 90.0 | 90.0 |
Median Home Price | $205,000 | $215,000 |
Average Rent (2 BR Apartment) | $950 | $1200 |
Average Rent (2 BR House) | $960 | $1360 |
Housing Comparison: Phenix city vs Lafayette
- The median home price in Lafayette is higher at $215,000, compared to $205,000 in Phenix city.
- Renting a two-bedroom apartment costs more in Phenix city at $950 than in Lafayette at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Phenix city | Lafayette |
---|---|---|
Electricity Price | $15.03 | $11.42 |
Natural Gas Price | $21.76 | $19.48 |
Other Utilities | $200 | $200 |
Utilities Comparison: Phenix city vs Lafayette
- Electricity costs are higher in Phenix city at $15.03 per kWh, compared to $11.42 in Lafayette.
- Natural gas is more expensive in Phenix city at $21.76 per unit, while it is cheaper at $19.48 in Lafayette.
- Utility expenses are equal in both Phenix city and Lafayette averaging $200.