Cost of Living: Columbus, MS vs Fairhope, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Columbus | Fairhope |
|---|---|---|
| Housing Index | 75.5 | 85.0 |
| Median Home Price | $186,800 | $295,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $816 | $1280 |
Housing Comparison: Columbus vs Fairhope
- The median home price in Fairhope is higher at $295,000, compared to $186,800 in Columbus.
- Renting a two-bedroom apartment costs more in Columbus at $800 than in Fairhope 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 | Columbus | Fairhope |
|---|---|---|
| Electricity Price | $13.42 | $15.03 |
| Natural Gas Price | $22.19 | $21.76 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Columbus vs Fairhope
- Fairhope has higher electricity costs at $15.03 per kWh, versus $13.42 in Columbus.
- Natural gas is more expensive in Columbus at $22.19 per unit, while it is cheaper at $21.76 in Fairhope.
- Utility expenses are equal in both Columbus and Fairhope averaging $200.