Cost of Living: Phenix city, AL vs Southlake, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Phenix city | Southlake |
|---|---|---|
| Housing Index | 90.0 | 145.0 |
| Median Home Price | $205,000 | $668,000 |
| Average Rent (2 BR Apartment) | $950 | $2800 |
| Average Rent (2 BR House) | $960 | $2856 |
Housing Comparison: Phenix city vs Southlake
- The median home price in Southlake is higher at $668,000, compared to $205,000 in Phenix city.
- Renting a two-bedroom apartment costs more in Phenix city at $950 than in Southlake at $2,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Phenix city | Southlake |
|---|---|---|
| Electricity Price | $15.03 | $14.47 |
| Natural Gas Price | $21.76 | $26.29 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Phenix city vs Southlake
- Electricity costs are higher in Phenix city at $15.03 per kWh, compared to $14.47 in Southlake.
- Southlake experiences higher natural gas costs at $26.29 per unit, with costs at $21.76 in Phenix city.
- Southlake has higher utility expenses, averaging $250, while Phenix city averages $200.