Cost of Living: Cranston, RI vs Ripley, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cranston | Ripley |
|---|---|---|
| Housing Index | 115.5 | 85.0 |
| Median Home Price | $368,600 | $158,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1360 |
Housing Comparison: Cranston vs Ripley
- In Cranston, the median home price is higher at $368,600, while in Ripley it is $158,000.
- Renting a two-bedroom apartment costs more in Cranston at $1,800 than in Ripley 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 | Cranston | Ripley |
|---|---|---|
| Electricity Price | $27.03 | $12.57 |
| Natural Gas Price | $21.52 | $12.35 |
| Other Utilities | $275 | $220 |
Utilities Comparison: Cranston vs Ripley
- Electricity costs are higher in Cranston at $27.03 per kWh, compared to $12.57 in Ripley.
- Natural gas is more expensive in Cranston at $21.52 per unit, while it is cheaper at $12.35 in Ripley.
- Other utility costs are higher in Cranston at an average of $275, compared to Ripley with $220.