Cost of Living: Midland, TX vs Gainesboro, TN

Housing

The housing market plays a significant role in determining the cost of living.

Metric Midland Gainesboro
Housing Index 85.0 Data is updating
Median Home Price $345,000 $185,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1270 $Data is updating

Housing Comparison: Midland vs Gainesboro

  • In Midland, the median home price is higher at $345,000, while in Gainesboro it is $185,000.
  • The rent for a two-bedroom apartment is equal in both Midland and Gainesboro at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Midland Gainesboro
Electricity Price $14.47 $12.57
Natural Gas Price $26.29 $12.35
Other Utilities $200 $Data is updating

Utilities Comparison: Midland vs Gainesboro

  • Electricity costs are higher in Midland at $14.47 per kWh, compared to $12.57 in Gainesboro.
  • Natural gas is more expensive in Midland at $26.29 per unit, while it is cheaper at $12.35 in Gainesboro.
  • Utility expenses are equal in both Midland and Gainesboro averaging $200.