Cost of Living: Bakersville, NC vs Ripley, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bakersville | Ripley |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $200,000 | $158,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1360 |
Housing Comparison: Bakersville vs Ripley
- In Bakersville, the median home price is higher at $200,000, while in Ripley it is $158,000.
- The rent for a two-bedroom apartment is equal in both Bakersville and Ripley at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Bakersville | Ripley |
|---|---|---|
| Electricity Price | $13.72 | $12.57 |
| Natural Gas Price | $Data is updating | $12.35 |
| Other Utilities | $250 | $220 |
Utilities Comparison: Bakersville vs Ripley
- Electricity costs are higher in Bakersville at $13.72 per kWh, compared to $12.57 in Ripley.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Bakersville at an average of $250, compared to Ripley with $220.