Cost of Living: Gallatin, TN vs Saco, ME
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gallatin | Saco |
|---|---|---|
| Housing Index | 110.5 | 125.0 |
| Median Home Price | $398,000 | $310,000 |
| Average Rent (2 BR Apartment) | $1500 | $1800 |
| Average Rent (2 BR House) | $1600 | $1900 |
Housing Comparison: Gallatin vs Saco
- In Gallatin, the median home price is higher at $398,000, while in Saco it is $310,000.
- In Saco, the rental for a two-bedroom apartment stands at $1,800, 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 | Saco |
|---|---|---|
| Electricity Price | $12.57 | $22.26 |
| Natural Gas Price | $12.35 | $21.63 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Gallatin vs Saco
- Saco has higher electricity costs at $22.26 per kWh, versus $12.57 in Gallatin.
- Saco 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 Saco averaging $250.