Cost of Living: Prescott, AZ vs Groves, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Prescott | Groves |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $531,000 | $174,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1840 | $Data is updating |
Housing Comparison: Prescott vs Groves
- In Prescott, the median home price is higher at $531,000, while in Groves it is $174,000.
- The rent for a two-bedroom apartment is equal in both Prescott and Groves 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 | Prescott | Groves |
|---|---|---|
| Electricity Price | $15.14 | $14.47 |
| Natural Gas Price | $23.51 | $26.29 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Prescott vs Groves
- Electricity costs are higher in Prescott at $15.14 per kWh, compared to $14.47 in Groves.
- Groves experiences higher natural gas costs at $26.29 per unit, with costs at $23.51 in Prescott.
- Utility expenses are equal in both Prescott and Groves averaging $250.