Cost of Living: Lebanon, TN vs Richville, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lebanon | Richville |
|---|---|---|
| Housing Index | 92.0 | Data is updating |
| Median Home Price | $312,000 | $185,000 |
| Average Rent (2 BR Apartment) | $1600 | $Data is updating |
| Average Rent (2 BR House) | $1646 | $Data is updating |
Housing Comparison: Lebanon vs Richville
- In Lebanon, the median home price is higher at $312,000, while in Richville it is $185,000.
- The rent for a two-bedroom apartment is equal in both Lebanon and Richville at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lebanon | Richville |
|---|---|---|
| Electricity Price | $12.57 | $16.38 |
| Natural Gas Price | $12.35 | $14.87 |
| Other Utilities | $260 | $Data is updating |
Utilities Comparison: Lebanon vs Richville
- Richville has higher electricity costs at $16.38 per kWh, versus $12.57 in Lebanon.
- Richville experiences higher natural gas costs at $14.87 per unit, with costs at $12.35 in Lebanon.
- Utility expenses are equal in both Lebanon and Richville averaging $260.