Cost of Living: Lowell, MA vs Chattanooga, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lowell | Chattanooga |
|---|---|---|
| Housing Index | Data is updating | 90.0 |
| Median Home Price | $513,000 | $304,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1360 |
Housing Comparison: Lowell vs Chattanooga
- In Lowell, the median home price is higher at $513,000, while in Chattanooga it is $304,000.
- The rent for a two-bedroom apartment is equal in both Lowell and Chattanooga at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lowell | Chattanooga |
|---|---|---|
| Electricity Price | $28.15 | $12.57 |
| Natural Gas Price | $21.62 | $12.35 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Lowell vs Chattanooga
- Electricity costs are higher in Lowell at $28.15 per kWh, compared to $12.57 in Chattanooga.
- Natural gas is more expensive in Lowell at $21.62 per unit, while it is cheaper at $12.35 in Chattanooga.
- Utility expenses are equal in both Lowell and Chattanooga averaging $0.0.