Cost of Living: Red river, NM vs Butte, MT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Red river | Butte |
|---|---|---|
| Housing Index | Data is updating | 88.0 |
| Median Home Price | $241,000 | $205,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1285 |
Housing Comparison: Red river vs Butte
- In Red river, the median home price is higher at $241,000, while in Butte it is $205,000.
- The rent for a two-bedroom apartment is equal in both Red river and Butte at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Red river | Butte |
|---|---|---|
| Electricity Price | $14.44 | $13.58 |
| Natural Gas Price | $Data is updating | $8.31 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Red river vs Butte
- Electricity costs are higher in Red river at $14.44 per kWh, compared to $13.58 in Butte.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Red river and Butte averaging $0.0.