Cost of Living: Lawrence, KS vs Baxter, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lawrence | Baxter |
|---|---|---|
| Housing Index | 95.0 | 90.0 |
| Median Home Price | $248,000 | $246,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1360 | $854 |
Housing Comparison: Lawrence vs Baxter
- In Lawrence, the median home price is higher at $248,000, while in Baxter it is $246,000.
- In Baxter, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Lawrence.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lawrence | Baxter |
|---|---|---|
| Electricity Price | $14.22 | $12.57 |
| Natural Gas Price | $Data is updating | $12.35 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Lawrence vs Baxter
- Electricity costs are higher in Lawrence at $14.22 per kWh, compared to $12.57 in Baxter.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Lawrence and Baxter averaging $200.