Cost of Living: Gallatin, TN vs Boaz, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gallatin | Boaz |
|---|---|---|
| Housing Index | 110.5 | 85.0 |
| Median Home Price | $398,000 | $189,000 |
| Average Rent (2 BR Apartment) | $1500 | $950 |
| Average Rent (2 BR House) | $1600 | $1200 |
Housing Comparison: Gallatin vs Boaz
- In Gallatin, the median home price is higher at $398,000, while in Boaz it is $189,000.
- In Boaz, the rental for a two-bedroom apartment stands at $950, while it is $1,500 in Gallatin.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Gallatin | Boaz |
|---|---|---|
| Electricity Price | $12.57 | $15.03 |
| Natural Gas Price | $12.35 | $21.76 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Gallatin vs Boaz
- Boaz has higher electricity costs at $15.03 per kWh, versus $12.57 in Gallatin.
- Boaz experiences higher natural gas costs at $21.76 per unit, with costs at $12.35 in Gallatin.
- Other utility costs are higher in Gallatin at an average of $250, compared to Boaz with $200.