Cost of Living: Newnan, GA vs Montgomery, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newnan | Montgomery |
|---|---|---|
| Housing Index | 90.0 | 89.0 |
| Median Home Price | $363,000 | $250,000 |
| Average Rent (2 BR Apartment) | $1200 | $950 |
| Average Rent (2 BR House) | $1280 | $1000 |
Housing Comparison: Newnan vs Montgomery
- In Newnan, the median home price is higher at $363,000, while in Montgomery it is $250,000.
- In Montgomery, the rental for a two-bedroom apartment stands at $950, while it is $1,200 in Newnan.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newnan | Montgomery |
|---|---|---|
| Electricity Price | $15.53 | $15.03 |
| Natural Gas Price | $27.53 | $21.76 |
| Other Utilities | $200 | $220 |
Utilities Comparison: Newnan vs Montgomery
- Electricity costs are higher in Newnan at $15.53 per kWh, compared to $15.03 in Montgomery.
- Natural gas is more expensive in Newnan at $27.53 per unit, while it is cheaper at $21.76 in Montgomery.
- Montgomery has higher utility expenses, averaging $220, while Newnan averages $200.