Cost of Living: Germantown, TN vs Summerfield, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Germantown | Summerfield |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $401,000 | $332,100 |
| Average Rent (2 BR Apartment) | $1400 | $Data is updating |
| Average Rent (2 BR House) | $1500 | $Data is updating |
Housing Comparison: Germantown vs Summerfield
- In Germantown, the median home price is higher at $401,000, while in Summerfield it is $332,100.
- The rent for a two-bedroom apartment is equal in both Germantown and Summerfield 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 | Summerfield |
|---|---|---|
| Electricity Price | $12.57 | $13.72 |
| Natural Gas Price | $12.35 | $Data is updating |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Germantown vs Summerfield
- Summerfield has higher electricity costs at $13.72 per kWh, versus $12.57 in Germantown.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Germantown and Summerfield averaging $250.