Cost of Living: Jasper, AL vs Lebanon, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Jasper | Lebanon |
|---|---|---|
| Housing Index | 95.2 | 92.0 |
| Median Home Price | $205,000 | $312,000 |
| Average Rent (2 BR Apartment) | $1200 | $1600 |
| Average Rent (2 BR House) | $1280 | $1646 |
Housing Comparison: Jasper vs Lebanon
- The median home price in Lebanon is higher at $312,000, compared to $205,000 in Jasper.
- In Lebanon, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Jasper.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Jasper | Lebanon |
|---|---|---|
| Electricity Price | $15.03 | $12.57 |
| Natural Gas Price | $21.76 | $12.35 |
| Other Utilities | $270 | $260 |
Utilities Comparison: Jasper vs Lebanon
- Electricity costs are higher in Jasper at $15.03 per kWh, compared to $12.57 in Lebanon.
- Natural gas is more expensive in Jasper at $21.76 per unit, while it is cheaper at $12.35 in Lebanon.
- Other utility costs are higher in Jasper at an average of $270, compared to Lebanon with $260.