Cost of Living: Flower mound, TX vs Springhill, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Flower mound | Springhill |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $515,000 | $188,000 |
| Average Rent (2 BR Apartment) | $2100 | $1200 |
| Average Rent (2 BR House) | $2040 | $1280 |
Housing Comparison: Flower mound vs Springhill
- In Flower mound, the median home price is higher at $515,000, while in Springhill it is $188,000.
- Renting a two-bedroom apartment costs more in Flower mound at $2,100 than in Springhill 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 | Flower mound | Springhill |
|---|---|---|
| Electricity Price | $14.47 | $11.42 |
| Natural Gas Price | $26.29 | $19.48 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Flower mound vs Springhill
- Electricity costs are higher in Flower mound at $14.47 per kWh, compared to $11.42 in Springhill.
- Natural gas is more expensive in Flower mound at $26.29 per unit, while it is cheaper at $19.48 in Springhill.
- Utility expenses are equal in both Flower mound and Springhill averaging $250.