Cost of Living: Nevada, MO vs Baxter, TN
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Nevada | Baxter |
---|---|---|
Housing Index | 90.0 | 90.0 |
Median Home Price | $160,000 | $246,000 |
Average Rent (2 BR Apartment) | $800 | $800 |
Average Rent (2 BR House) | $850 | $854 |
Housing Comparison: Nevada vs Baxter
- The median home price in Baxter is higher at $246,000, compared to $160,000 in Nevada.
- The rent for a two-bedroom apartment is equal in both Nevada and Baxter at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Nevada | Baxter |
---|---|---|
Electricity Price | $14.64 | $12.57 |
Natural Gas Price | $23.25 | $12.35 |
Other Utilities | $200 | $200 |
Utilities Comparison: Nevada vs Baxter
- Electricity costs are higher in Nevada at $14.64 per kWh, compared to $12.57 in Baxter.
- Natural gas is more expensive in Nevada at $23.25 per unit, while it is cheaper at $12.35 in Baxter.
- Utility expenses are equal in both Nevada and Baxter averaging $200.