Cost of Living: Red bay, AL vs Ballard, WV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Red bay | Ballard |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $167,000 | $100,000 |
| Average Rent (2 BR Apartment) | $960 | $Data is updating |
| Average Rent (2 BR House) | $992 | $Data is updating |
Housing Comparison: Red bay vs Ballard
- In Red bay, the median home price is higher at $167,000, while in Ballard it is $100,000.
- The rent for a two-bedroom apartment is equal in both Red bay and Ballard at $960.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Red bay | Ballard |
|---|---|---|
| Electricity Price | $15.03 | $15.48 |
| Natural Gas Price | $21.76 | $23.05 |
| Other Utilities | $220 | $Data is updating |
Utilities Comparison: Red bay vs Ballard
- Ballard has higher electricity costs at $15.48 per kWh, versus $15.03 in Red bay.
- Ballard experiences higher natural gas costs at $23.05 per unit, with costs at $21.76 in Red bay.
- Utility expenses are equal in both Red bay and Ballard averaging $220.