Cost of Living: Falmouth, KY vs Alcoa, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Falmouth | Alcoa |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $226,000 | $262,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Falmouth vs Alcoa
- The median home price in Alcoa is higher at $262,000, compared to $226,000 in Falmouth.
- The rent for a two-bedroom apartment is equal in both Falmouth and Alcoa 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 | Falmouth | Alcoa |
|---|---|---|
| Electricity Price | $12.87 | $12.57 |
| Natural Gas Price | $22.78 | $12.35 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Falmouth vs Alcoa
- Electricity costs are higher in Falmouth at $12.87 per kWh, compared to $12.57 in Alcoa.
- Natural gas is more expensive in Falmouth at $22.78 per unit, while it is cheaper at $12.35 in Alcoa.
- Utility expenses are equal in both Falmouth and Alcoa averaging $250.