Cost of Living: Kannapolis, NC vs Gainesboro, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Kannapolis | Gainesboro |
|---|---|---|
| Housing Index | 95.7 | Data is updating |
| Median Home Price | $295,000 | $185,000 |
| Average Rent (2 BR Apartment) | $1400 | $Data is updating |
| Average Rent (2 BR House) | $1440 | $Data is updating |
Housing Comparison: Kannapolis vs Gainesboro
- In Kannapolis, the median home price is higher at $295,000, while in Gainesboro it is $185,000.
- The rent for a two-bedroom apartment is equal in both Kannapolis and Gainesboro at $1,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Kannapolis | Gainesboro |
|---|---|---|
| Electricity Price | $13.72 | $12.57 |
| Natural Gas Price | $Data is updating | $12.35 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Kannapolis vs Gainesboro
- Electricity costs are higher in Kannapolis at $13.72 per kWh, compared to $12.57 in Gainesboro.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Kannapolis and Gainesboro averaging $250.