Cost of Living: Red bay, AL vs Frisco, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Red bay | Frisco |
|---|---|---|
| Housing Index | 90.0 | 125.0 |
| Median Home Price | $167,000 | $497,000 |
| Average Rent (2 BR Apartment) | $960 | $2400 |
| Average Rent (2 BR House) | $992 | $2480 |
Housing Comparison: Red bay vs Frisco
- The median home price in Frisco is higher at $497,000, compared to $167,000 in Red bay.
- Renting a two-bedroom apartment costs more in Red bay at $960 than in Frisco at $2,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Red bay | Frisco |
|---|---|---|
| Electricity Price | $15.03 | $14.47 |
| Natural Gas Price | $21.76 | $26.29 |
| Other Utilities | $220 | $275 |
Utilities Comparison: Red bay vs Frisco
- Electricity costs are higher in Red bay at $15.03 per kWh, compared to $14.47 in Frisco.
- Frisco experiences higher natural gas costs at $26.29 per unit, with costs at $21.76 in Red bay.
- Frisco has higher utility expenses, averaging $275, while Red bay averages $220.