Cost of Living: Red bay, AL vs Benton, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Red bay | Benton |
|---|---|---|
| Housing Index | 86.8 | 75.4 |
| Median Home Price | $167,000 | $196,000 |
| Average Rent (2 BR Apartment) | $1372 | $1282 |
| Average Rent (2 BR House) | $1491 | $1393 |
Housing Comparison: Red bay vs Benton
- The median home price in Benton is higher at $196,000, compared to $167,000 in Red bay.
- Renting a two-bedroom apartment costs more in Red bay at $1,372 than in Benton at $1,282.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Red bay | Benton |
|---|---|---|
| Electricity Price | $15.03 | $12.36 |
| Natural Gas Price | $21.76 | $17.08 |
| Other Utilities | $210 | $150 |
Utilities Comparison: Red bay vs Benton
- Electricity costs are higher in Red bay at $15.03 per kWh, compared to $12.36 in Benton.
- Natural gas is more expensive in Red bay at $21.76 per unit, while it is cheaper at $17.08 in Benton.
- Other utility costs are higher in Red bay at an average of $210, compared to Benton with $150.