Cost of Living: Lexington, NE vs Groveton, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lexington | Groveton |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $202,000 | $103,000 |
| Average Rent (2 BR Apartment) | $950 | $1200 |
| Average Rent (2 BR House) | $960 | $1600 |
Housing Comparison: Lexington vs Groveton
- In Lexington, the median home price is higher at $202,000, while in Groveton it is $103,000.
- Renting a two-bedroom apartment costs more in Lexington at $950 than in Groveton 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 | Lexington | Groveton |
|---|---|---|
| Electricity Price | $12.92 | $14.47 |
| Natural Gas Price | $13.89 | $26.29 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Lexington vs Groveton
- Groveton has higher electricity costs at $14.47 per kWh, versus $12.92 in Lexington.
- Groveton experiences higher natural gas costs at $26.29 per unit, with costs at $13.89 in Lexington.
- Groveton has higher utility expenses, averaging $250, while Lexington averages $200.