Cost of Living: Gallatin, TN vs Litchfield, ME
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gallatin | Litchfield |
|---|---|---|
| Housing Index | 110.5 | 95.0 |
| Median Home Price | $398,000 | $275,000 |
| Average Rent (2 BR Apartment) | $1500 | $1280 |
| Average Rent (2 BR House) | $1600 | $1400 |
Housing Comparison: Gallatin vs Litchfield
- In Gallatin, the median home price is higher at $398,000, while in Litchfield it is $275,000.
- Renting a two-bedroom apartment costs more in Gallatin at $1,500 than in Litchfield at $1,280.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Gallatin | Litchfield |
|---|---|---|
| Electricity Price | $12.57 | $22.26 |
| Natural Gas Price | $12.35 | $21.63 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Gallatin vs Litchfield
- Litchfield has higher electricity costs at $22.26 per kWh, versus $12.57 in Gallatin.
- Litchfield experiences higher natural gas costs at $21.63 per unit, with costs at $12.35 in Gallatin.
- Utility expenses are equal in both Gallatin and Litchfield averaging $250.