Cost of Living: New hope, PA vs Waverly, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New hope | Waverly |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $382,000 | $200,000 |
| Average Rent (2 BR Apartment) | $2400 | $1000 |
| Average Rent (2 BR House) | $2440 | $1025 |
Housing Comparison: New hope vs Waverly
- In New hope, the median home price is higher at $382,000, while in Waverly it is $200,000.
- Renting a two-bedroom apartment costs more in New hope at $2,400 than in Waverly at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | New hope | Waverly |
|---|---|---|
| Electricity Price | $17.68 | $12.57 |
| Natural Gas Price | $17.61 | $12.35 |
| Other Utilities | $250 | $200 |
Utilities Comparison: New hope vs Waverly
- Electricity costs are higher in New hope at $17.68 per kWh, compared to $12.57 in Waverly.
- Natural gas is more expensive in New hope at $17.61 per unit, while it is cheaper at $12.35 in Waverly.
- Other utility costs are higher in New hope at an average of $250, compared to Waverly with $200.