Cost of Living: Bay minette, AL vs Parker, SD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bay minette | Parker |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $242,000 | $185,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1360 |
Housing Comparison: Bay minette vs Parker
- In Bay minette, the median home price is higher at $242,000, while in Parker it is $185,000.
- The rent for a two-bedroom apartment is equal in both Bay minette and Parker 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 | Bay minette | Parker |
|---|---|---|
| Electricity Price | $15.03 | $14.15 |
| Natural Gas Price | $21.76 | $10.63 |
| Other Utilities | $220 | $250 |
Utilities Comparison: Bay minette vs Parker
- Electricity costs are higher in Bay minette at $15.03 per kWh, compared to $14.15 in Parker.
- Natural gas is more expensive in Bay minette at $21.76 per unit, while it is cheaper at $10.63 in Parker.
- Parker has higher utility expenses, averaging $250, while Bay minette averages $220.