Cost of Living: Laredo, TX vs Phenix city, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laredo | Phenix city |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $260,000 | $205,000 |
| Average Rent (2 BR Apartment) | $950 | $950 |
| Average Rent (2 BR House) | $960 | $960 |
Housing Comparison: Laredo vs Phenix city
- In Laredo, the median home price is higher at $260,000, while in Phenix city it is $205,000.
- The rent for a two-bedroom apartment is equal in both Laredo and Phenix city at $950.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Laredo | Phenix city |
|---|---|---|
| Electricity Price | $14.47 | $15.03 |
| Natural Gas Price | $26.29 | $21.76 |
| Other Utilities | $150 | $200 |
Utilities Comparison: Laredo vs Phenix city
- Phenix city has higher electricity costs at $15.03 per kWh, versus $14.47 in Laredo.
- Natural gas is more expensive in Laredo at $26.29 per unit, while it is cheaper at $21.76 in Phenix city.
- Phenix city has higher utility expenses, averaging $200, while Laredo averages $150.