Cost of Living: Gallatin, TN vs Riverbank, CA

Housing

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

Metric Gallatin Riverbank
Housing Index 110.5 120.5
Median Home Price $398,000 $460,000
Average Rent (2 BR Apartment) $1500 $2200
Average Rent (2 BR House) $1600 $2240

Housing Comparison: Gallatin vs Riverbank

  • The median home price in Riverbank is higher at $460,000, compared to $398,000 in Gallatin.
  • In Riverbank, the rental for a two-bedroom apartment stands at $2,200, 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 Riverbank
Electricity Price $12.57 $32.99
Natural Gas Price $12.35 $16.99
Other Utilities $250 $250

Utilities Comparison: Gallatin vs Riverbank

  • Riverbank has higher electricity costs at $32.99 per kWh, versus $12.57 in Gallatin.
  • Riverbank experiences higher natural gas costs at $16.99 per unit, with costs at $12.35 in Gallatin.
  • Utility expenses are equal in both Gallatin and Riverbank averaging $250.