Cost of Living: Northport, AL vs Ripley, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Northport | Ripley |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $237,000 | $158,000 |
| Average Rent (2 BR Apartment) | $1300 | $1200 |
| Average Rent (2 BR House) | $1350 | $1360 |
Housing Comparison: Northport vs Ripley
- In Northport, the median home price is higher at $237,000, while in Ripley it is $158,000.
- Renting a two-bedroom apartment costs more in Northport at $1,300 than in Ripley 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 | Northport | Ripley |
|---|---|---|
| Electricity Price | $15.03 | $12.57 |
| Natural Gas Price | $21.76 | $12.35 |
| Other Utilities | $200 | $220 |
Utilities Comparison: Northport vs Ripley
- Electricity costs are higher in Northport at $15.03 per kWh, compared to $12.57 in Ripley.
- Natural gas is more expensive in Northport at $21.76 per unit, while it is cheaper at $12.35 in Ripley.
- Ripley has higher utility expenses, averaging $220, while Northport averages $200.