Cost of Living: Gallatin, TN vs Jackson, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gallatin | Jackson |
|---|---|---|
| Housing Index | 110.5 | 75.6 |
| Median Home Price | $398,000 | $158,000 |
| Average Rent (2 BR Apartment) | $1500 | $980 |
| Average Rent (2 BR House) | $1600 | $1039 |
Housing Comparison: Gallatin vs Jackson
- In Gallatin, the median home price is higher at $398,000, while in Jackson it is $158,000.
- In Jackson, the rental for a two-bedroom apartment stands at $980, while it is $1,500 in Gallatin.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Gallatin | Jackson |
|---|---|---|
| Electricity Price | $12.57 | $19.88 |
| Natural Gas Price | $12.35 | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Gallatin vs Jackson
- Jackson has higher electricity costs at $19.88 per kWh, versus $12.57 in Gallatin.
- Jackson experiences higher natural gas costs at $15.42 per unit, with costs at $12.35 in Gallatin.
- Utility expenses are equal in both Gallatin and Jackson averaging $250.