Cost of Living: Hendersonville, TN vs Gresham, OR

Housing

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

Metric Hendersonville Gresham
Housing Index 95.0 120.0
Median Home Price $386,000 $476,000
Average Rent (2 BR Apartment) $1500 $1800
Average Rent (2 BR House) $1600 $1860

Housing Comparison: Hendersonville vs Gresham

  • The median home price in Gresham is higher at $476,000, compared to $386,000 in Hendersonville.
  • In Gresham, the rental for a two-bedroom apartment stands at $1,800, while it is $1,500 in Hendersonville.

Utilities

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

Metric Hendersonville Gresham
Electricity Price $12.57 $15.12
Natural Gas Price $12.35 $16.5
Other Utilities $250 $250

Utilities Comparison: Hendersonville vs Gresham

  • Gresham has higher electricity costs at $15.12 per kWh, versus $12.57 in Hendersonville.
  • Gresham experiences higher natural gas costs at $16.5 per unit, with costs at $12.35 in Hendersonville.
  • Utility expenses are equal in both Hendersonville and Gresham averaging $250.