Cost of Living: Selmer, TN vs Cape coral, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Selmer | Cape coral |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $180,000 | $391,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1200 | $1840 |
Housing Comparison: Selmer vs Cape coral
- The median home price in Cape coral is higher at $391,000, compared to $180,000 in Selmer.
- In Cape coral, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Selmer.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Selmer | Cape coral |
|---|---|---|
| Electricity Price | $12.57 | $13.89 |
| Natural Gas Price | $12.35 | $26.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Selmer vs Cape coral
- Cape coral has higher electricity costs at $13.89 per kWh, versus $12.57 in Selmer.
- Cape coral experiences higher natural gas costs at $26.13 per unit, with costs at $12.35 in Selmer.
- Utility expenses are equal in both Selmer and Cape coral averaging $250.