Cost of Living: Peru, NY vs Red bay, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Peru | Red bay |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $240,000 | $167,000 |
| Average Rent (2 BR Apartment) | $1640 | $960 |
| Average Rent (2 BR House) | $1700 | $992 |
Housing Comparison: Peru vs Red bay
- In Peru, the median home price is higher at $240,000, while in Red bay it is $167,000.
- In Red bay, the rental for a two-bedroom apartment stands at $960, while it is $1,640 in Peru.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Peru | Red bay |
|---|---|---|
| Electricity Price | $26.08 | $15.03 |
| Natural Gas Price | $18.13 | $21.76 |
| Other Utilities | $200 | $220 |
Utilities Comparison: Peru vs Red bay
- Electricity costs are higher in Peru at $26.08 per kWh, compared to $15.03 in Red bay.
- Red bay experiences higher natural gas costs at $21.76 per unit, with costs at $18.13 in Peru.
- Red bay has higher utility expenses, averaging $220, while Peru averages $200.