Cost of Living: Gadsden, AL vs Lewisville, TX

Housing

The housing market plays a significant role in determining the cost of living.

Metric Gadsden Lewisville
Housing Index 85.0 98.0
Median Home Price $211,000 $368,100
Average Rent (2 BR Apartment) $950 $1800
Average Rent (2 BR House) $960 $1870

Housing Comparison: Gadsden vs Lewisville

  • The median home price in Lewisville is higher at $368,100, compared to $211,000 in Gadsden.
  • Renting a two-bedroom apartment costs more in Gadsden at $950 than in Lewisville 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 Lewisville
Electricity Price $15.03 $14.47
Natural Gas Price $21.76 $26.29
Other Utilities $200 $225

Utilities Comparison: Gadsden vs Lewisville

  • Electricity costs are higher in Gadsden at $15.03 per kWh, compared to $14.47 in Lewisville.
  • Lewisville experiences higher natural gas costs at $26.29 per unit, with costs at $21.76 in Gadsden.
  • Lewisville has higher utility expenses, averaging $225, while Gadsden averages $200.