Cost of Living: Gainesville, GA vs Penelope, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gainesville | Penelope |
|---|---|---|
| Housing Index | 85.7 | Data is updating |
| Median Home Price | $314,000 | $180,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1300 | $Data is updating |
Housing Comparison: Gainesville vs Penelope
- In Gainesville, the median home price is higher at $314,000, while in Penelope it is $180,000.
- The rent for a two-bedroom apartment is equal in both Gainesville and Penelope 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 | Gainesville | Penelope |
|---|---|---|
| Electricity Price | $15.53 | $14.47 |
| Natural Gas Price | $27.53 | $26.29 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Gainesville vs Penelope
- Electricity costs are higher in Gainesville at $15.53 per kWh, compared to $14.47 in Penelope.
- Natural gas is more expensive in Gainesville at $27.53 per unit, while it is cheaper at $26.29 in Penelope.
- Utility expenses are equal in both Gainesville and Penelope averaging $250.