Cost of Living: Coleman, OK vs Gadsden, AL

Housing

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

Metric Coleman Gadsden
Housing Index 75.0 85.0
Median Home Price $113,000 $211,000
Average Rent (2 BR Apartment) $1200 $950
Average Rent (2 BR House) $1260 $960

Housing Comparison: Coleman vs Gadsden

  • The median home price in Gadsden is higher at $211,000, compared to $113,000 in Coleman.
  • In Gadsden, the rental for a two-bedroom apartment stands at $950, while it is $1,200 in Coleman.

Utilities

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

Metric Coleman Gadsden
Electricity Price $12.37 $15.03
Natural Gas Price $20.27 $21.76
Other Utilities $200 $200

Utilities Comparison: Coleman vs Gadsden

  • Gadsden has higher electricity costs at $15.03 per kWh, versus $12.37 in Coleman.
  • Gadsden experiences higher natural gas costs at $21.76 per unit, with costs at $20.27 in Coleman.
  • Utility expenses are equal in both Coleman and Gadsden averaging $200.