Cost of Living: Round rock, TX vs Fairhope, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Round rock | Fairhope |
|---|---|---|
| Housing Index | 98.5 | 85.0 |
| Median Home Price | $415,000 | $295,000 |
| Average Rent (2 BR Apartment) | $1700 | $1200 |
| Average Rent (2 BR House) | $1725 | $1280 |
Housing Comparison: Round rock vs Fairhope
- In Round rock, the median home price is higher at $415,000, while in Fairhope it is $295,000.
- Renting a two-bedroom apartment costs more in Round rock at $1,700 than in Fairhope 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 | Round rock | Fairhope |
|---|---|---|
| Electricity Price | $14.47 | $15.03 |
| Natural Gas Price | $26.29 | $21.76 |
| Other Utilities | $280 | $200 |
Utilities Comparison: Round rock vs Fairhope
- Fairhope has higher electricity costs at $15.03 per kWh, versus $14.47 in Round rock.
- Natural gas is more expensive in Round rock at $26.29 per unit, while it is cheaper at $21.76 in Fairhope.
- Other utility costs are higher in Round rock at an average of $280, compared to Fairhope with $200.