Cost of Living: Hagerstown, MD vs Knoxville, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hagerstown | Knoxville |
|---|---|---|
| Housing Index | 110.5 | 90.0 |
| Median Home Price | $193,000 | $250,000 |
| Average Rent (2 BR Apartment) | $1500 | $1200 |
| Average Rent (2 BR House) | $1600 | $1200 |
Housing Comparison: Hagerstown vs Knoxville
- The median home price in Knoxville is higher at $250,000, compared to $193,000 in Hagerstown.
- Renting a two-bedroom apartment costs more in Hagerstown at $1,500 than in Knoxville 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 | Hagerstown | Knoxville |
|---|---|---|
| Electricity Price | $17.41 | $12.57 |
| Natural Gas Price | $18.44 | $12.35 |
| Other Utilities | $200 | $150 |
Utilities Comparison: Hagerstown vs Knoxville
- Electricity costs are higher in Hagerstown at $17.41 per kWh, compared to $12.57 in Knoxville.
- Natural gas is more expensive in Hagerstown at $18.44 per unit, while it is cheaper at $12.35 in Knoxville.
- Other utility costs are higher in Hagerstown at an average of $200, compared to Knoxville with $150.