Cost of Living: Fairhope, AL vs Wichita falls, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fairhope | Wichita falls |
|---|---|---|
| Housing Index | 85.0 | 80.0 |
| Median Home Price | $295,000 | $233,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1300 |
Housing Comparison: Fairhope vs Wichita falls
- In Fairhope, the median home price is higher at $295,000, while in Wichita falls it is $233,000.
- The rent for a two-bedroom apartment is equal in both Fairhope and Wichita falls 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 | Fairhope | Wichita falls |
|---|---|---|
| Electricity Price | $15.03 | $14.47 |
| Natural Gas Price | $21.76 | $26.29 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Fairhope vs Wichita falls
- Electricity costs are higher in Fairhope at $15.03 per kWh, compared to $14.47 in Wichita falls.
- Wichita falls experiences higher natural gas costs at $26.29 per unit, with costs at $21.76 in Fairhope.
- Wichita falls has higher utility expenses, averaging $250, while Fairhope averages $200.