Cost of Living: Bay minette, AL vs Raleigh, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bay minette | Raleigh |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $242,000 | $391,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1280 |
Housing Comparison: Bay minette vs Raleigh
- The median home price in Raleigh is higher at $391,000, compared to $242,000 in Bay minette.
- The rent for a two-bedroom apartment is equal in both Bay minette and Raleigh 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 | Raleigh |
|---|---|---|
| Electricity Price | $15.03 | $13.72 |
| Natural Gas Price | $21.76 | $Data is updating |
| Other Utilities | $220 | $250 |
Utilities Comparison: Bay minette vs Raleigh
- Electricity costs are higher in Bay minette at $15.03 per kWh, compared to $13.72 in Raleigh.
- Natural gas price data is currently unavailable.
- Raleigh has higher utility expenses, averaging $250, while Bay minette averages $220.