Cost of Living: Gadsden, AL vs Buffalo, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gadsden | Buffalo |
|---|---|---|
| Housing Index | 85.0 | 125.4 |
| Median Home Price | $211,000 | $155,000 |
| Average Rent (2 BR Apartment) | $950 | $1800 |
| Average Rent (2 BR House) | $960 | $1900 |
Housing Comparison: Gadsden vs Buffalo
- In Gadsden, the median home price is higher at $211,000, while in Buffalo it is $155,000.
- Renting a two-bedroom apartment costs more in Gadsden at $950 than in Buffalo at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Gadsden | Buffalo |
|---|---|---|
| Electricity Price | $15.03 | $26.08 |
| Natural Gas Price | $21.76 | $18.13 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Gadsden vs Buffalo
- Buffalo has higher electricity costs at $26.08 per kWh, versus $15.03 in Gadsden.
- Natural gas is more expensive in Gadsden at $21.76 per unit, while it is cheaper at $18.13 in Buffalo.
- Buffalo has higher utility expenses, averaging $250, while Gadsden averages $200.