Cost of Living: Fairview, TN vs Damariscotta, ME
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fairview | Damariscotta |
|---|---|---|
| Housing Index | Data is updating | 120.0 |
| Median Home Price | $371,000 | $318,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1600 |
| Average Rent (2 BR House) | $Data is updating | $1640 |
Housing Comparison: Fairview vs Damariscotta
- In Fairview, the median home price is higher at $371,000, while in Damariscotta it is $318,000.
- The rent for a two-bedroom apartment is equal in both Fairview and Damariscotta at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Fairview | Damariscotta |
|---|---|---|
| Electricity Price | $12.57 | $22.26 |
| Natural Gas Price | $12.35 | $21.63 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Fairview vs Damariscotta
- Damariscotta has higher electricity costs at $22.26 per kWh, versus $12.57 in Fairview.
- Damariscotta experiences higher natural gas costs at $21.63 per unit, with costs at $12.35 in Fairview.
- Utility expenses are equal in both Fairview and Damariscotta averaging $0.0.