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.