Cost of Living: Hohenwald, TN vs Newton, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hohenwald | Newton |
|---|---|---|
| Housing Index | 85.5 | 140.0 |
| Median Home Price | $181,000 | $1,449,000 |
| Average Rent (2 BR Apartment) | $1200 | $3100 |
| Average Rent (2 BR House) | $1365 | $3200 |
Housing Comparison: Hohenwald vs Newton
- The median home price in Newton is higher at $1,449,000, compared to $181,000 in Hohenwald.
- In Newton, the rental for a two-bedroom apartment stands at $3,100, while it is $1,200 in Hohenwald.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hohenwald | Newton |
|---|---|---|
| Electricity Price | $12.57 | $28.15 |
| Natural Gas Price | $12.35 | $21.62 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Hohenwald vs Newton
- Newton has higher electricity costs at $28.15 per kWh, versus $12.57 in Hohenwald.
- Newton experiences higher natural gas costs at $21.62 per unit, with costs at $12.35 in Hohenwald.
- Newton has higher utility expenses, averaging $250, while Hohenwald averages $200.