Cost of Living: Artesia, NM vs Gatesville, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Artesia | Gatesville |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $236,000 | $230,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1352 |
Housing Comparison: Artesia vs Gatesville
- In Artesia, the median home price is higher at $236,000, while in Gatesville it is $230,000.
- The rent for a two-bedroom apartment is equal in both Artesia and Gatesville 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 | Artesia | Gatesville |
|---|---|---|
| Electricity Price | $14.44 | $14.47 |
| Natural Gas Price | $Data is updating | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Artesia vs Gatesville
- Gatesville has higher electricity costs at $14.47 per kWh, versus $14.44 in Artesia.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Artesia and Gatesville averaging $250.