Cost of Living: Hohenwald, TN vs Lake ariel, PA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hohenwald | Lake ariel |
|---|---|---|
| Housing Index | 85.5 | 90.0 |
| Median Home Price | $181,000 | $310,000 |
| Average Rent (2 BR Apartment) | $1200 | $1600 |
| Average Rent (2 BR House) | $1365 | $1640 |
Housing Comparison: Hohenwald vs Lake ariel
- The median home price in Lake ariel is higher at $310,000, compared to $181,000 in Hohenwald.
- In Lake ariel, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Hohenwald.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hohenwald | Lake ariel |
|---|---|---|
| Electricity Price | $12.57 | $17.68 |
| Natural Gas Price | $12.35 | $17.61 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Hohenwald vs Lake ariel
- Lake ariel has higher electricity costs at $17.68 per kWh, versus $12.57 in Hohenwald.
- Lake ariel experiences higher natural gas costs at $17.61 per unit, with costs at $12.35 in Hohenwald.
- Lake ariel has higher utility expenses, averaging $250, while Hohenwald averages $200.