Cost of Living: Red bay, AL vs Boone, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Red bay | Boone |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $167,000 | $300,000 |
| Average Rent (2 BR Apartment) | $960 | $1200 |
| Average Rent (2 BR House) | $992 | $1360 |
Housing Comparison: Red bay vs Boone
- The median home price in Boone is higher at $300,000, compared to $167,000 in Red bay.
- Renting a two-bedroom apartment costs more in Red bay at $960 than in Boone 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 | Red bay | Boone |
|---|---|---|
| Electricity Price | $15.03 | $13.72 |
| Natural Gas Price | $21.76 | $Data is updating |
| Other Utilities | $220 | $150 |
Utilities Comparison: Red bay vs Boone
- Electricity costs are higher in Red bay at $15.03 per kWh, compared to $13.72 in Boone.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Red bay at an average of $220, compared to Boone with $150.