Cost of Living: Chattanooga, TN vs Downey, CA

Housing

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

Metric Chattanooga Downey
Housing Index 90.0 140.0
Median Home Price $304,000 $600,000
Average Rent (2 BR Apartment) $1200 $2500
Average Rent (2 BR House) $1360 $2400

Housing Comparison: Chattanooga vs Downey

  • The median home price in Downey is higher at $600,000, compared to $304,000 in Chattanooga.
  • In Downey, the rental for a two-bedroom apartment stands at $2,500, while it is $1,200 in Chattanooga.

Utilities

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

Metric Chattanooga Downey
Electricity Price $12.57 $32.99
Natural Gas Price $12.35 $16.99
Other Utilities $250 $250

Utilities Comparison: Chattanooga vs Downey

  • Downey has higher electricity costs at $32.99 per kWh, versus $12.57 in Chattanooga.
  • Downey experiences higher natural gas costs at $16.99 per unit, with costs at $12.35 in Chattanooga.
  • Utility expenses are equal in both Chattanooga and Downey averaging $250.