Cost of Living: Gallatin, TN vs Hydes, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gallatin | Hydes |
|---|---|---|
| Housing Index | 110.5 | Data is updating |
| Median Home Price | $398,000 | $300,000 |
| Average Rent (2 BR Apartment) | $1500 | $Data is updating |
| Average Rent (2 BR House) | $1600 | $Data is updating |
Housing Comparison: Gallatin vs Hydes
- In Gallatin, the median home price is higher at $398,000, while in Hydes it is $300,000.
- The rent for a two-bedroom apartment is equal in both Gallatin and Hydes at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Gallatin | Hydes |
|---|---|---|
| Electricity Price | $12.57 | $17.41 |
| Natural Gas Price | $12.35 | $18.44 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Gallatin vs Hydes
- Hydes has higher electricity costs at $17.41 per kWh, versus $12.57 in Gallatin.
- Hydes experiences higher natural gas costs at $18.44 per unit, with costs at $12.35 in Gallatin.
- Utility expenses are equal in both Gallatin and Hydes averaging $250.