Cost of Living: Germantown, TN vs Grandview, MO

Housing

The housing market plays a significant role in determining the cost of living.

Metric Germantown Grandview
Housing Index 90.0 95.0
Median Home Price $401,000 $252,000
Average Rent (2 BR Apartment) $1400 $1200
Average Rent (2 BR House) $1500 $1280

Housing Comparison: Germantown vs Grandview

  • In Germantown, the median home price is higher at $401,000, while in Grandview it is $252,000.
  • Renting a two-bedroom apartment costs more in Germantown at $1,400 than in Grandview at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Germantown Grandview
Electricity Price $12.57 $14.64
Natural Gas Price $12.35 $23.25
Other Utilities $250 $250

Utilities Comparison: Germantown vs Grandview

  • Grandview has higher electricity costs at $14.64 per kWh, versus $12.57 in Germantown.
  • Grandview experiences higher natural gas costs at $23.25 per unit, with costs at $12.35 in Germantown.
  • Utility expenses are equal in both Germantown and Grandview averaging $250.