Cost of Living: Red bay, AL vs Groves, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Red bay | Groves |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $167,000 | $174,000 |
| Average Rent (2 BR Apartment) | $960 | $Data is updating |
| Average Rent (2 BR House) | $992 | $Data is updating |
Housing Comparison: Red bay vs Groves
- The median home price in Groves is higher at $174,000, compared to $167,000 in Red bay.
- The rent for a two-bedroom apartment is equal in both Red bay and Groves 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 | Groves |
|---|---|---|
| Electricity Price | $15.03 | $14.47 |
| Natural Gas Price | $21.76 | $26.29 |
| Other Utilities | $220 | $Data is updating |
Utilities Comparison: Red bay vs Groves
- Electricity costs are higher in Red bay at $15.03 per kWh, compared to $14.47 in Groves.
- Groves experiences higher natural gas costs at $26.29 per unit, with costs at $21.76 in Red bay.
- Utility expenses are equal in both Red bay and Groves averaging $220.