Cost of Living: Bozeman, MT vs Erwin, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bozeman | Erwin |
|---|---|---|
| Housing Index | 105.0 | 85.0 |
| Median Home Price | $411,000 | $228,000 |
| Average Rent (2 BR Apartment) | $1600 | $1150 |
| Average Rent (2 BR House) | $1645 | $1200 |
Housing Comparison: Bozeman vs Erwin
- In Bozeman, the median home price is higher at $411,000, while in Erwin it is $228,000.
- Renting a two-bedroom apartment costs more in Bozeman at $1,600 than in Erwin at $1,150.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Bozeman | Erwin |
|---|---|---|
| Electricity Price | $13.58 | $12.57 |
| Natural Gas Price | $8.31 | $12.35 |
| Other Utilities | $220 | $220 |
Utilities Comparison: Bozeman vs Erwin
- Electricity costs are higher in Bozeman at $13.58 per kWh, compared to $12.57 in Erwin.
- Natural gas is more expensive in Bozeman at $8.31 per unit, while it is cheaper at $12.35 in Erwin.
- Utility expenses are equal in both Bozeman and Erwin averaging $220.