Cost of Living: Palestine, TX vs Waverly, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palestine | Waverly |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $197,000 | $200,000 |
| Average Rent (2 BR Apartment) | $950 | $1000 |
| Average Rent (2 BR House) | $1024 | $1025 |
Housing Comparison: Palestine vs Waverly
- The median home price in Waverly is higher at $200,000, compared to $197,000 in Palestine.
- Renting a two-bedroom apartment costs more in Palestine at $950 than in Waverly at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Palestine | Waverly |
|---|---|---|
| Electricity Price | $14.47 | $12.57 |
| Natural Gas Price | $26.29 | $12.35 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Palestine vs Waverly
- Electricity costs are higher in Palestine at $14.47 per kWh, compared to $12.57 in Waverly.
- Natural gas is more expensive in Palestine at $26.29 per unit, while it is cheaper at $12.35 in Waverly.
- Utility expenses are equal in both Palestine and Waverly averaging $200.