Cost of Living: Gallup, NM vs Nashville, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gallup | Nashville |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $230,000 | $376,200 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1360 | $1840 |
Housing Comparison: Gallup vs Nashville
- The median home price in Nashville is higher at $376,200, compared to $230,000 in Gallup.
- In Nashville, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Gallup.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Gallup | Nashville |
|---|---|---|
| Electricity Price | $14.44 | $12.57 |
| Natural Gas Price | $Data is updating | $12.35 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Gallup vs Nashville
- Electricity costs are higher in Gallup at $14.44 per kWh, compared to $12.57 in Nashville.
- Natural gas price data is currently unavailable.
- Nashville has higher utility expenses, averaging $250, while Gallup averages $200.