Cost of Living: Hagerstown, MD vs Waverly, TN

Housing

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

Metric Hagerstown Waverly
Housing Index 110.5 85.0
Median Home Price $193,000 $200,000
Average Rent (2 BR Apartment) $1500 $1000
Average Rent (2 BR House) $1600 $1025

Housing Comparison: Hagerstown vs Waverly

  • The median home price in Waverly is higher at $200,000, compared to $193,000 in Hagerstown.
  • Renting a two-bedroom apartment costs more in Hagerstown at $1,500 than in Waverly at $1,000.

Utilities

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

Metric Hagerstown Waverly
Electricity Price $17.41 $12.57
Natural Gas Price $18.44 $12.35
Other Utilities $200 $200

Utilities Comparison: Hagerstown vs Waverly

  • Electricity costs are higher in Hagerstown at $17.41 per kWh, compared to $12.57 in Waverly.
  • Natural gas is more expensive in Hagerstown at $18.44 per unit, while it is cheaper at $12.35 in Waverly.
  • Utility expenses are equal in both Hagerstown and Waverly averaging $200.