Cost of Living: Fayetteville, TN vs Holland, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fayetteville | Holland |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $260,000 | $212,100 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1269 | $1515 |
Housing Comparison: Fayetteville vs Holland
- In Fayetteville, the median home price is higher at $260,000, while in Holland it is $212,100.
- In Holland, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Fayetteville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Fayetteville | Holland |
|---|---|---|
| Electricity Price | $12.57 | $19.88 |
| Natural Gas Price | $12.35 | $15.42 |
| Other Utilities | $230 | $250 |
Utilities Comparison: Fayetteville vs Holland
- Holland has higher electricity costs at $19.88 per kWh, versus $12.57 in Fayetteville.
- Holland experiences higher natural gas costs at $15.42 per unit, with costs at $12.35 in Fayetteville.
- Holland has higher utility expenses, averaging $250, while Fayetteville averages $230.