Cost of Living: Chattanooga, TN vs Portsmouth, NH

Housing

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

Metric Chattanooga Portsmouth
Housing Index 90.0 120.8
Median Home Price $304,000 $425,000
Average Rent (2 BR Apartment) $1200 $2200
Average Rent (2 BR House) $1360 $2272

Housing Comparison: Chattanooga vs Portsmouth

  • The median home price in Portsmouth is higher at $425,000, compared to $304,000 in Chattanooga.
  • In Portsmouth, the rental for a two-bedroom apartment stands at $2,200, 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 Portsmouth
Electricity Price $12.57 $22.44
Natural Gas Price $12.35 $17.58
Other Utilities $250 $250

Utilities Comparison: Chattanooga vs Portsmouth

  • Portsmouth has higher electricity costs at $22.44 per kWh, versus $12.57 in Chattanooga.
  • Portsmouth experiences higher natural gas costs at $17.58 per unit, with costs at $12.35 in Chattanooga.
  • Utility expenses are equal in both Chattanooga and Portsmouth averaging $250.