Cost of Living: Corinth, MS vs Hohenwald, TN
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Corinth | Hohenwald |
---|---|---|
Housing Index | 75.0 | 85.5 |
Median Home Price | $162,500 | $181,000 |
Average Rent (2 BR Apartment) | $800 | $1200 |
Average Rent (2 BR House) | $1000 | $1365 |
Housing Comparison: Corinth vs Hohenwald
- The median home price in Hohenwald is higher at $181,000, compared to $162,500 in Corinth.
- Renting a two-bedroom apartment costs more in Corinth at $800 than in Hohenwald 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 | Corinth | Hohenwald |
---|---|---|
Electricity Price | $13.42 | $12.57 |
Natural Gas Price | $22.19 | $12.35 |
Other Utilities | $200 | $200 |
Utilities Comparison: Corinth vs Hohenwald
- Electricity costs are higher in Corinth at $13.42 per kWh, compared to $12.57 in Hohenwald.
- Natural gas is more expensive in Corinth at $22.19 per unit, while it is cheaper at $12.35 in Hohenwald.
- Utility expenses are equal in both Corinth and Hohenwald averaging $200.