Cost of Living: Bozeman, MT vs Germantown, TN

Housing

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

Metric Bozeman Germantown
Housing Index 105.0 90.0
Median Home Price $411,000 $401,000
Average Rent (2 BR Apartment) $1600 $1400
Average Rent (2 BR House) $1645 $1500

Housing Comparison: Bozeman vs Germantown

  • In Bozeman, the median home price is higher at $411,000, while in Germantown it is $401,000.
  • Renting a two-bedroom apartment costs more in Bozeman at $1,600 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 Bozeman Germantown
Electricity Price $13.58 $12.57
Natural Gas Price $8.31 $12.35
Other Utilities $220 $250

Utilities Comparison: Bozeman vs Germantown

  • Electricity costs are higher in Bozeman at $13.58 per kWh, compared to $12.57 in Germantown.
  • Natural gas is more expensive in Bozeman at $8.31 per unit, while it is cheaper at $12.35 in Germantown.
  • Germantown has higher utility expenses, averaging $250, while Bozeman averages $220.