Cost of Living: Lucedale, MS vs Gadsden, AL

Housing

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

Metric Lucedale Gadsden
Housing Index 85.0 85.0
Median Home Price $162,000 $211,000
Average Rent (2 BR Apartment) $1200 $950
Average Rent (2 BR House) $1280 $960

Housing Comparison: Lucedale vs Gadsden

  • The median home price in Gadsden is higher at $211,000, compared to $162,000 in Lucedale.
  • In Gadsden, the rental for a two-bedroom apartment stands at $950, while it is $1,200 in Lucedale.

Utilities

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

Metric Lucedale Gadsden
Electricity Price $13.42 $15.03
Natural Gas Price $22.19 $21.76
Other Utilities $200 $200

Utilities Comparison: Lucedale vs Gadsden

  • Gadsden has higher electricity costs at $15.03 per kWh, versus $13.42 in Lucedale.
  • Natural gas is more expensive in Lucedale at $22.19 per unit, while it is cheaper at $21.76 in Gadsden.
  • Utility expenses are equal in both Lucedale and Gadsden averaging $200.