Cost of Living: Germantown, TN vs Brainerd, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Germantown | Brainerd |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $401,000 | $270,000 |
| Average Rent (2 BR Apartment) | $1400 | $1150 |
| Average Rent (2 BR House) | $1500 | $1200 |
Housing Comparison: Germantown vs Brainerd
- In Germantown, the median home price is higher at $401,000, while in Brainerd it is $270,000.
- Renting a two-bedroom apartment costs more in Germantown at $1,400 than in Brainerd at $1,150.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Germantown | Brainerd |
|---|---|---|
| Electricity Price | $12.57 | $16.38 |
| Natural Gas Price | $12.35 | $14.87 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Germantown vs Brainerd
- Brainerd has higher electricity costs at $16.38 per kWh, versus $12.57 in Germantown.
- Brainerd experiences higher natural gas costs at $14.87 per unit, with costs at $12.35 in Germantown.
- Other utility costs are higher in Germantown at an average of $250, compared to Brainerd with $200.