Cost of Living: Red river, NM vs Hollywood, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Red river | Hollywood |
|---|---|---|
| Housing Index | Data is updating | 120.0 |
| Median Home Price | $241,000 | $417,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $2300 |
| Average Rent (2 BR House) | $Data is updating | $2400 |
Housing Comparison: Red river vs Hollywood
- The median home price in Hollywood is higher at $417,000, compared to $241,000 in Red river.
- The rent for a two-bedroom apartment is equal in both Red river and Hollywood 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 | Hollywood |
|---|---|---|
| Electricity Price | $14.44 | $13.89 |
| Natural Gas Price | $Data is updating | $26.13 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Red river vs Hollywood
- Electricity costs are higher in Red river at $14.44 per kWh, compared to $13.89 in Hollywood.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Red river and Hollywood averaging $0.0.