Cost of Living: Carthage, TX vs Gadsden, AL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Carthage Gadsden
Housing Index 85.0 85.0
Median Home Price $166,100 $211,000
Average Rent (2 BR Apartment) $1200 $950
Average Rent (2 BR House) $1276 $960

Housing Comparison: Carthage vs Gadsden

  • The median home price in Gadsden is higher at $211,000, compared to $166,100 in Carthage.
  • In Gadsden, the rental for a two-bedroom apartment stands at $950, while it is $1,200 in Carthage.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Carthage Gadsden
Electricity Price $14.47 $15.03
Natural Gas Price $26.29 $21.76
Other Utilities $250 $200

Utilities Comparison: Carthage vs Gadsden

  • Gadsden has higher electricity costs at $15.03 per kWh, versus $14.47 in Carthage.
  • Natural gas is more expensive in Carthage at $26.29 per unit, while it is cheaper at $21.76 in Gadsden.
  • Other utility costs are higher in Carthage at an average of $250, compared to Gadsden with $200.