Cost of Living: Erwin, TN vs Albertville, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Erwin | Albertville |
|---|---|---|
| Housing Index | 85.0 | 79.0 |
| Median Home Price | $228,000 | $276,000 |
| Average Rent (2 BR Apartment) | $1150 | $950 |
| Average Rent (2 BR House) | $1200 | $1000 |
Housing Comparison: Erwin vs Albertville
- The median home price in Albertville is higher at $276,000, compared to $228,000 in Erwin.
- In Albertville, the rental for a two-bedroom apartment stands at $950, while it is $1,150 in Erwin.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Erwin | Albertville |
|---|---|---|
| Electricity Price | $12.57 | $15.03 |
| Natural Gas Price | $12.35 | $21.76 |
| Other Utilities | $220 | $210 |
Utilities Comparison: Erwin vs Albertville
- Albertville has higher electricity costs at $15.03 per kWh, versus $12.57 in Erwin.
- Albertville experiences higher natural gas costs at $21.76 per unit, with costs at $12.35 in Erwin.
- Other utility costs are higher in Erwin at an average of $220, compared to Albertville with $210.