Cost of Living: Providence, RI vs Tyler, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Providence | Tyler |
|---|---|---|
| Housing Index | 125.0 | 85.0 |
| Median Home Price | $335,000 | $238,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2240 | $1399 |
Housing Comparison: Providence vs Tyler
- In Providence, the median home price is higher at $335,000, while in Tyler it is $238,000.
- Renting a two-bedroom apartment costs more in Providence at $2,200 than in Tyler at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Providence | Tyler |
|---|---|---|
| Electricity Price | $27.03 | $14.47 |
| Natural Gas Price | $21.52 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Providence vs Tyler
- Electricity costs are higher in Providence at $27.03 per kWh, compared to $14.47 in Tyler.
- Tyler experiences higher natural gas costs at $26.29 per unit, with costs at $21.52 in Providence.
- Utility expenses are equal in both Providence and Tyler averaging $250.