Cost of Living: Vernon, TX vs Gatesville, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Vernon | Gatesville |
|---|---|---|
| Housing Index | 95.4 | 85.0 |
| Median Home Price | $Data is updating | $230,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1365 | $1352 |
Housing Comparison: Vernon vs Gatesville
- The median home price in Gatesville is higher at $230,000, compared to $0 in Vernon.
- The rent for a two-bedroom apartment is equal in both Vernon and Gatesville 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 | Vernon | Gatesville |
|---|---|---|
| Electricity Price | $14.47 | $14.47 |
| Natural Gas Price | $26.29 | $26.29 |
| Other Utilities | $210 | $250 |
Utilities Comparison: Vernon vs Gatesville
- Electricity costs are the same in both Vernon and Gatesville at $14.47 per kWh.
- Natural gas costs are identical in both Vernon and Gatesville at $26.29 per unit.
- Gatesville has higher utility expenses, averaging $250, while Vernon averages $210.