Cost of Living: Germantown, TN vs Hardy, KY

Housing

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

Metric Germantown Hardy
Housing Index 90.0 Data is updating
Median Home Price $401,000 $80,000
Average Rent (2 BR Apartment) $1400 $Data is updating
Average Rent (2 BR House) $1500 $Data is updating

Housing Comparison: Germantown vs Hardy

  • In Germantown, the median home price is higher at $401,000, while in Hardy it is $80,000.
  • The rent for a two-bedroom apartment is equal in both Germantown and Hardy 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 Hardy
Electricity Price $12.57 $12.87
Natural Gas Price $12.35 $22.78
Other Utilities $250 $Data is updating

Utilities Comparison: Germantown vs Hardy

  • Hardy has higher electricity costs at $12.87 per kWh, versus $12.57 in Germantown.
  • Hardy experiences higher natural gas costs at $22.78 per unit, with costs at $12.35 in Germantown.
  • Utility expenses are equal in both Germantown and Hardy averaging $250.