Cost of Living: Lexington, NE vs Redding, CA

Housing

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

Metric Lexington Redding
Housing Index 85.0 120.3
Median Home Price $202,000 $398,000
Average Rent (2 BR Apartment) $950 $1800
Average Rent (2 BR House) $960 $1920

Housing Comparison: Lexington vs Redding

  • The median home price in Redding is higher at $398,000, compared to $202,000 in Lexington.
  • Renting a two-bedroom apartment costs more in Lexington at $950 than in Redding at $1,800.

Utilities

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

Metric Lexington Redding
Electricity Price $12.92 $32.99
Natural Gas Price $13.89 $16.99
Other Utilities $200 $250

Utilities Comparison: Lexington vs Redding

  • Redding has higher electricity costs at $32.99 per kWh, versus $12.92 in Lexington.
  • Redding experiences higher natural gas costs at $16.99 per unit, with costs at $13.89 in Lexington.
  • Redding has higher utility expenses, averaging $250, while Lexington averages $200.