Cost of Living: Helena, MT vs Lebanon, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Helena | Lebanon |
|---|---|---|
| Housing Index | 105.0 | 92.0 |
| Median Home Price | $278,000 | $312,000 |
| Average Rent (2 BR Apartment) | $1400 | $1600 |
| Average Rent (2 BR House) | $1456 | $1646 |
Housing Comparison: Helena vs Lebanon
- The median home price in Lebanon is higher at $312,000, compared to $278,000 in Helena.
- In Lebanon, the rental for a two-bedroom apartment stands at $1,600, while it is $1,400 in Helena.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Helena | Lebanon |
|---|---|---|
| Electricity Price | $13.58 | $12.57 |
| Natural Gas Price | $8.31 | $12.35 |
| Other Utilities | $250 | $260 |
Utilities Comparison: Helena vs Lebanon
- Electricity costs are higher in Helena at $13.58 per kWh, compared to $12.57 in Lebanon.
- Natural gas is more expensive in Helena at $8.31 per unit, while it is cheaper at $12.35 in Lebanon.
- Lebanon has higher utility expenses, averaging $260, while Helena averages $250.