Cost of Living: Bay minette, AL vs Richards, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bay minette | Richards |
|---|---|---|
| Housing Index | 85.0 | 78.5 |
| Median Home Price | $242,000 | $145,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1300 |
Housing Comparison: Bay minette vs Richards
- In Bay minette, the median home price is higher at $242,000, while in Richards it is $145,000.
- The rent for a two-bedroom apartment is equal in both Bay minette and Richards 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 | Richards |
|---|---|---|
| Electricity Price | $15.03 | $14.47 |
| Natural Gas Price | $21.76 | $26.29 |
| Other Utilities | $220 | $200 |
Utilities Comparison: Bay minette vs Richards
- Electricity costs are higher in Bay minette at $15.03 per kWh, compared to $14.47 in Richards.
- Richards experiences higher natural gas costs at $26.29 per unit, with costs at $21.76 in Bay minette.
- Other utility costs are higher in Bay minette at an average of $220, compared to Richards with $200.