Cost of Living: Fall river, MA vs Erwin, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fall river | Erwin |
|---|---|---|
| Housing Index | 115.0 | 85.0 |
| Median Home Price | $337,000 | $228,000 |
| Average Rent (2 BR Apartment) | $1800 | $1150 |
| Average Rent (2 BR House) | $1840 | $1200 |
Housing Comparison: Fall river vs Erwin
- In Fall river, the median home price is higher at $337,000, while in Erwin it is $228,000.
- Renting a two-bedroom apartment costs more in Fall river at $1,800 than in Erwin at $1,150.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Fall river | Erwin |
|---|---|---|
| Electricity Price | $28.15 | $12.57 |
| Natural Gas Price | $21.62 | $12.35 |
| Other Utilities | $250 | $220 |
Utilities Comparison: Fall river vs Erwin
- Electricity costs are higher in Fall river at $28.15 per kWh, compared to $12.57 in Erwin.
- Natural gas is more expensive in Fall river at $21.62 per unit, while it is cheaper at $12.35 in Erwin.
- Other utility costs are higher in Fall river at an average of $250, compared to Erwin with $220.