Cost of Living: Orem, UT vs Woodbury, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Orem | Woodbury |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $465,000 | $212,000 |
| Average Rent (2 BR Apartment) | $1600 | $Data is updating |
| Average Rent (2 BR House) | $1640 | $Data is updating |
Housing Comparison: Orem vs Woodbury
- In Orem, the median home price is higher at $465,000, while in Woodbury it is $212,000.
- The rent for a two-bedroom apartment is equal in both Orem and Woodbury at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Orem | Woodbury |
|---|---|---|
| Electricity Price | $11.5 | $12.57 |
| Natural Gas Price | $14 | $12.35 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Orem vs Woodbury
- Woodbury has higher electricity costs at $12.57 per kWh, versus $11.5 in Orem.
- Natural gas is more expensive in Orem at $14 per unit, while it is cheaper at $12.35 in Woodbury.
- Utility expenses are equal in both Orem and Woodbury averaging $250.