Cost of Living: Pearisburg, VA vs Ripley, TN

Housing

The housing market plays a significant role in determining the cost of living.

Metric Pearisburg Ripley
Housing Index 95.0 85.0
Median Home Price $198,000 $158,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1200 $1360

Housing Comparison: Pearisburg vs Ripley

  • In Pearisburg, the median home price is higher at $198,000, while in Ripley it is $158,000.
  • The rent for a two-bedroom apartment is equal in both Pearisburg and 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 Pearisburg Ripley
Electricity Price $15.31 $12.57
Natural Gas Price $19.91 $12.35
Other Utilities $250 $220

Utilities Comparison: Pearisburg vs Ripley

  • Electricity costs are higher in Pearisburg at $15.31 per kWh, compared to $12.57 in Ripley.
  • Natural gas is more expensive in Pearisburg at $19.91 per unit, while it is cheaper at $12.35 in Ripley.
  • Other utility costs are higher in Pearisburg at an average of $250, compared to Ripley with $220.