Cost of Living: The colony, TX vs Pell city, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | The colony | Pell city |
|---|---|---|
| Housing Index | 110.0 | 75.0 |
| Median Home Price | $413,000 | $248,000 |
| Average Rent (2 BR Apartment) | $1900 | $900 |
| Average Rent (2 BR House) | $2000 | $960 |
Housing Comparison: The colony vs Pell city
- In The colony, the median home price is higher at $413,000, while in Pell city it is $248,000.
- In Pell city, the rental for a two-bedroom apartment stands at $900, while it is $1,900 in The colony.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | The colony | Pell city |
|---|---|---|
| Electricity Price | $14.47 | $15.03 |
| Natural Gas Price | $26.29 | $21.76 |
| Other Utilities | $250 | $200 |
Utilities Comparison: The colony vs Pell city
- Pell city has higher electricity costs at $15.03 per kWh, versus $14.47 in The colony.
- Natural gas is more expensive in The colony at $26.29 per unit, while it is cheaper at $21.76 in Pell city.
- Other utility costs are higher in The colony at an average of $250, compared to Pell city with $200.