Cost of Living: Beaver dam, WI vs Memphis, TN
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Beaver dam | Memphis |
---|---|---|
Housing Index | 90.0 | 87.5 |
Median Home Price | $227,000 | $185,000 |
Average Rent (2 BR Apartment) | $1200 | $1200 |
Average Rent (2 BR House) | $1360 | $1256 |
Housing Comparison: Beaver dam vs Memphis
- In Beaver dam, the median home price is higher at $227,000, while in Memphis it is $185,000.
- The rent for a two-bedroom apartment is equal in both Beaver dam and Memphis 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 | Beaver dam | Memphis |
---|---|---|
Electricity Price | $17.6 | $12.57 |
Natural Gas Price | $11.5 | $12.35 |
Other Utilities | $250 | $200 |
Utilities Comparison: Beaver dam vs Memphis
- Electricity costs are higher in Beaver dam at $17.6 per kWh, compared to $12.57 in Memphis.
- Memphis experiences higher natural gas costs at $12.35 per unit, with costs at $11.5 in Beaver dam.
- Other utility costs are higher in Beaver dam at an average of $250, compared to Memphis with $200.