Cost of Living: Vernon, TX vs Red bay, AL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Vernon Red bay
Housing Index 95.4 90.0
Median Home Price $Data is updating $167,000
Average Rent (2 BR Apartment) $1200 $960
Average Rent (2 BR House) $1365 $992

Housing Comparison: Vernon vs Red bay

  • The median home price in Red bay is higher at $167,000, compared to $0 in Vernon.
  • In Red bay, the rental for a two-bedroom apartment stands at $960, while it is $1,200 in Vernon.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Vernon Red bay
Electricity Price $14.47 $15.03
Natural Gas Price $26.29 $21.76
Other Utilities $210 $220

Utilities Comparison: Vernon vs Red bay

  • Red bay has higher electricity costs at $15.03 per kWh, versus $14.47 in Vernon.
  • Natural gas is more expensive in Vernon at $26.29 per unit, while it is cheaper at $21.76 in Red bay.
  • Red bay has higher utility expenses, averaging $220, while Vernon averages $210.