Cost of Living: Germantown, TN vs Florence, OR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Germantown | Florence |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $401,000 | $450,000 |
| Average Rent (2 BR Apartment) | $1400 | $Data is updating |
| Average Rent (2 BR House) | $1500 | $Data is updating |
Housing Comparison: Germantown vs Florence
- The median home price in Florence is higher at $450,000, compared to $401,000 in Germantown.
- The rent for a two-bedroom apartment is equal in both Germantown and Florence at $1,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Germantown | Florence |
|---|---|---|
| Electricity Price | $12.57 | $15.12 |
| Natural Gas Price | $12.35 | $16.5 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Germantown vs Florence
- Florence has higher electricity costs at $15.12 per kWh, versus $12.57 in Germantown.
- Florence experiences higher natural gas costs at $16.5 per unit, with costs at $12.35 in Germantown.
- Utility expenses are equal in both Germantown and Florence averaging $250.