Cost of Living: Groveton, TX vs Gresham, OR

Housing

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

Metric Groveton Gresham
Housing Index 85.0 120.0
Median Home Price $103,000 $476,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1600 $1860

Housing Comparison: Groveton vs Gresham

  • The median home price in Gresham is higher at $476,000, compared to $103,000 in Groveton.
  • In Gresham, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Groveton.

Utilities

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

Metric Groveton Gresham
Electricity Price $14.47 $15.12
Natural Gas Price $26.29 $16.5
Other Utilities $250 $250

Utilities Comparison: Groveton vs Gresham

  • Gresham has higher electricity costs at $15.12 per kWh, versus $14.47 in Groveton.
  • Natural gas is more expensive in Groveton at $26.29 per unit, while it is cheaper at $16.5 in Gresham.
  • Utility expenses are equal in both Groveton and Gresham averaging $250.