Cost of Living: Florence, OR vs Red bay, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Florence | Red bay |
|---|---|---|
| Housing Index | Data is updating | 90.0 |
| Median Home Price | $450,000 | $167,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $960 |
| Average Rent (2 BR House) | $Data is updating | $992 |
Housing Comparison: Florence vs Red bay
- In Florence, the median home price is higher at $450,000, while in Red bay it is $167,000.
- The rent for a two-bedroom apartment is equal in both Florence and Red bay at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Florence | Red bay |
|---|---|---|
| Electricity Price | $15.12 | $15.03 |
| Natural Gas Price | $16.5 | $21.76 |
| Other Utilities | $Data is updating | $220 |
Utilities Comparison: Florence vs Red bay
- Electricity costs are higher in Florence at $15.12 per kWh, compared to $15.03 in Red bay.
- Red bay experiences higher natural gas costs at $21.76 per unit, with costs at $16.5 in Florence.
- Utility expenses are equal in both Florence and Red bay averaging $0.0.