Cost of Living: Asheville, NC vs Gallatin, TN

Housing

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

Metric Asheville Gallatin
Housing Index 120.5 110.5
Median Home Price $432,000 $398,000
Average Rent (2 BR Apartment) $1800 $1500
Average Rent (2 BR House) $1840 $1600

Housing Comparison: Asheville vs Gallatin

  • In Asheville, the median home price is higher at $432,000, while in Gallatin it is $398,000.
  • Renting a two-bedroom apartment costs more in Asheville at $1,800 than in Gallatin at $1,500.

Utilities

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

Metric Asheville Gallatin
Electricity Price $13.72 $12.57
Natural Gas Price $Data is updating $12.35
Other Utilities $250 $250

Utilities Comparison: Asheville vs Gallatin

  • Electricity costs are higher in Asheville at $13.72 per kWh, compared to $12.57 in Gallatin.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Asheville and Gallatin averaging $250.