Cost of Living: Grand island, NE vs Palestine, TX

Housing

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

Metric Grand island Palestine
Housing Index 90.5 85.0
Median Home Price $282,500 $197,000
Average Rent (2 BR Apartment) $930 $950
Average Rent (2 BR House) $960 $1024

Housing Comparison: Grand island vs Palestine

  • In Grand island, the median home price is higher at $282,500, while in Palestine it is $197,000.
  • In Palestine, the rental for a two-bedroom apartment stands at $950, while it is $930 in Grand island.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Grand island Palestine
Electricity Price $12.92 $14.47
Natural Gas Price $13.89 $26.29
Other Utilities $210 $200

Utilities Comparison: Grand island vs Palestine

  • Palestine has higher electricity costs at $14.47 per kWh, versus $12.92 in Grand island.
  • Palestine experiences higher natural gas costs at $26.29 per unit, with costs at $13.89 in Grand island.
  • Other utility costs are higher in Grand island at an average of $210, compared to Palestine with $200.