Cost of Living: Southlake, TX vs Redding, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Southlake | Redding |
|---|---|---|
| Housing Index | 145.0 | 120.3 |
| Median Home Price | $668,000 | $398,000 |
| Average Rent (2 BR Apartment) | $2800 | $1800 |
| Average Rent (2 BR House) | $2856 | $1920 |
Housing Comparison: Southlake vs Redding
- In Southlake, the median home price is higher at $668,000, while in Redding it is $398,000.
- Renting a two-bedroom apartment costs more in Southlake at $2,800 than in Redding at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Southlake | Redding |
|---|---|---|
| Electricity Price | $14.47 | $32.99 |
| Natural Gas Price | $26.29 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Southlake vs Redding
- Redding has higher electricity costs at $32.99 per kWh, versus $14.47 in Southlake.
- Natural gas is more expensive in Southlake at $26.29 per unit, while it is cheaper at $16.99 in Redding.
- Utility expenses are equal in both Southlake and Redding averaging $250.