Cost of Living: Galveston, TX vs Red river, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Galveston | Red river |
|---|---|---|
| Housing Index | 95.0 | Data is updating |
| Median Home Price | $317,000 | $241,000 |
| Average Rent (2 BR Apartment) | $1600 | $Data is updating |
| Average Rent (2 BR House) | $1656 | $Data is updating |
Housing Comparison: Galveston vs Red river
- In Galveston, the median home price is higher at $317,000, while in Red river it is $241,000.
- The rent for a two-bedroom apartment is equal in both Galveston and Red river at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Galveston | Red river |
|---|---|---|
| Electricity Price | $14.47 | $14.44 |
| Natural Gas Price | $26.29 | $Data is updating |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Galveston vs Red river
- Electricity costs are higher in Galveston at $14.47 per kWh, compared to $14.44 in Red river.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Galveston and Red river averaging $250.