Cost of Living: Red lodge, MT vs Groves, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Red lodge | Groves |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $311,000 | $174,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1236 | $Data is updating |
Housing Comparison: Red lodge vs Groves
- In Red lodge, the median home price is higher at $311,000, while in Groves it is $174,000.
- The rent for a two-bedroom apartment is equal in both Red lodge and Groves 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 lodge | Groves |
|---|---|---|
| Electricity Price | $13.58 | $14.47 |
| Natural Gas Price | $8.31 | $26.29 |
| Other Utilities | $280 | $Data is updating |
Utilities Comparison: Red lodge vs Groves
- Groves has higher electricity costs at $14.47 per kWh, versus $13.58 in Red lodge.
- Natural gas is more expensive in Red lodge at $8.31 per unit, while it is cheaper at $26.29 in Groves.
- Utility expenses are equal in both Red lodge and Groves averaging $280.