Cost of Living: Phoenix, AZ vs Tennessee ridge, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Phoenix | Tennessee ridge |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $358,200 | $192,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1200 |
Housing Comparison: Phoenix vs Tennessee ridge
- In Phoenix, the median home price is higher at $358,200, while in Tennessee ridge it is $192,000.
- Renting a two-bedroom apartment costs more in Phoenix at $1,800 than in Tennessee ridge 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 | Phoenix | Tennessee ridge |
|---|---|---|
| Electricity Price | $15.14 | $12.57 |
| Natural Gas Price | $23.51 | $12.35 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Phoenix vs Tennessee ridge
- Electricity costs are higher in Phoenix at $15.14 per kWh, compared to $12.57 in Tennessee ridge.
- Natural gas is more expensive in Phoenix at $23.51 per unit, while it is cheaper at $12.35 in Tennessee ridge.
- Other utility costs are higher in Phoenix at an average of $250, compared to Tennessee ridge with $200.