Cost of Living: Luray, VA vs Gadsden, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Luray | Gadsden |
|---|---|---|
| Housing Index | 95.0 | 85.0 |
| Median Home Price | $261,000 | $211,000 |
| Average Rent (2 BR Apartment) | $1200 | $950 |
| Average Rent (2 BR House) | $1360 | $960 |
Housing Comparison: Luray vs Gadsden
- In Luray, the median home price is higher at $261,000, while in Gadsden it is $211,000.
- In Gadsden, the rental for a two-bedroom apartment stands at $950, while it is $1,200 in Luray.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Luray | Gadsden |
|---|---|---|
| Electricity Price | $15.31 | $15.03 |
| Natural Gas Price | $19.91 | $21.76 |
| Other Utilities | $240 | $200 |
Utilities Comparison: Luray vs Gadsden
- Electricity costs are higher in Luray at $15.31 per kWh, compared to $15.03 in Gadsden.
- Gadsden experiences higher natural gas costs at $21.76 per unit, with costs at $19.91 in Luray.
- Other utility costs are higher in Luray at an average of $240, compared to Gadsden with $200.