Cost of Living: Germantown, TN vs Minden, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Germantown | Minden |
|---|---|---|
| Housing Index | 90.0 | 120.0 |
| Median Home Price | $401,000 | $545,000 |
| Average Rent (2 BR Apartment) | $1400 | $2100 |
| Average Rent (2 BR House) | $1500 | $2240 |
Housing Comparison: Germantown vs Minden
- The median home price in Minden is higher at $545,000, compared to $401,000 in Germantown.
- In Minden, the rental for a two-bedroom apartment stands at $2,100, while it is $1,400 in Germantown.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Germantown | Minden |
|---|---|---|
| Electricity Price | $12.57 | $15.5 |
| Natural Gas Price | $12.35 | $20.66 |
| Other Utilities | $250 | $275 |
Utilities Comparison: Germantown vs Minden
- Minden has higher electricity costs at $15.5 per kWh, versus $12.57 in Germantown.
- Minden experiences higher natural gas costs at $20.66 per unit, with costs at $12.35 in Germantown.
- Minden has higher utility expenses, averaging $275, while Germantown averages $250.