Cost of Living: Nashville, TN vs Cabot, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Nashville | Cabot |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $376,200 | $217,500 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1245 |
Housing Comparison: Nashville vs Cabot
- In Nashville, the median home price is higher at $376,200, while in Cabot it is $217,500.
- Renting a two-bedroom apartment costs more in Nashville at $1,800 than in Cabot 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 | Nashville | Cabot |
|---|---|---|
| Electricity Price | $12.57 | $12.36 |
| Natural Gas Price | $12.35 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Nashville vs Cabot
- Electricity costs are higher in Nashville at $12.57 per kWh, compared to $12.36 in Cabot.
- Cabot experiences higher natural gas costs at $17.08 per unit, with costs at $12.35 in Nashville.
- Other utility costs are higher in Nashville at an average of $250, compared to Cabot with $200.