Cost of Living: Albertville, AL vs Germantown, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albertville | Germantown |
|---|---|---|
| Housing Index | 79.0 | 90.0 |
| Median Home Price | $276,000 | $401,000 |
| Average Rent (2 BR Apartment) | $950 | $1400 |
| Average Rent (2 BR House) | $1000 | $1500 |
Housing Comparison: Albertville vs Germantown
- The median home price in Germantown is higher at $401,000, compared to $276,000 in Albertville.
- Renting a two-bedroom apartment costs more in Albertville at $950 than in Germantown at $1,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Albertville | Germantown |
|---|---|---|
| Electricity Price | $15.03 | $12.57 |
| Natural Gas Price | $21.76 | $12.35 |
| Other Utilities | $210 | $250 |
Utilities Comparison: Albertville vs Germantown
- Electricity costs are higher in Albertville at $15.03 per kWh, compared to $12.57 in Germantown.
- Natural gas is more expensive in Albertville at $21.76 per unit, while it is cheaper at $12.35 in Germantown.
- Germantown has higher utility expenses, averaging $250, while Albertville averages $210.