Cost of Living: Hendersonville, TN vs Malta, MT

Housing

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

Metric Hendersonville Malta
Housing Index 95.0 110.0
Median Home Price $386,000 $229,000
Average Rent (2 BR Apartment) $1500 $1600
Average Rent (2 BR House) $1600 $1640

Housing Comparison: Hendersonville vs Malta

  • In Hendersonville, the median home price is higher at $386,000, while in Malta it is $229,000.
  • In Malta, the rental for a two-bedroom apartment stands at $1,600, 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 Malta
Electricity Price $12.57 $13.58
Natural Gas Price $12.35 $8.31
Other Utilities $250 $250

Utilities Comparison: Hendersonville vs Malta

  • Malta has higher electricity costs at $13.58 per kWh, versus $12.57 in Hendersonville.
  • Malta experiences higher natural gas costs at $8.31 per unit, with costs at $12.35 in Hendersonville.
  • Utility expenses are equal in both Hendersonville and Malta averaging $250.