Cost of Living: Akron, OH vs Tennessee ridge, TN

Housing

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

Metric Akron Tennessee ridge
Housing Index 90.0 90.0
Median Home Price $147,000 $192,000
Average Rent (2 BR Apartment) $1050 $1200
Average Rent (2 BR House) $1100 $1200

Housing Comparison: Akron vs Tennessee ridge

  • The median home price in Tennessee ridge is higher at $192,000, compared to $147,000 in Akron.
  • In Tennessee ridge, the rental for a two-bedroom apartment stands at $1,200, while it is $1,050 in Akron.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Akron Tennessee ridge
Electricity Price $15.92 $12.57
Natural Gas Price $Data is updating $12.35
Other Utilities $250 $200

Utilities Comparison: Akron vs Tennessee ridge

  • Electricity costs are higher in Akron at $15.92 per kWh, compared to $12.57 in Tennessee ridge.
  • Natural gas price data is currently unavailable.
  • Other utility costs are higher in Akron at an average of $250, compared to Tennessee ridge with $200.