Cost of Living: Radford, VA vs Cypress inn, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Radford | Cypress inn |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $205,000 | $140,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1300 |
Housing Comparison: Radford vs Cypress inn
- In Radford, the median home price is higher at $205,000, while in Cypress inn it is $140,000.
- The rent for a two-bedroom apartment is equal in both Radford and Cypress inn 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 | Radford | Cypress inn |
|---|---|---|
| Electricity Price | $15.31 | $12.57 |
| Natural Gas Price | $19.91 | $12.35 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Radford vs Cypress inn
- Electricity costs are higher in Radford at $15.31 per kWh, compared to $12.57 in Cypress inn.
- Natural gas is more expensive in Radford at $19.91 per unit, while it is cheaper at $12.35 in Cypress inn.
- Utility expenses are equal in both Radford and Cypress inn averaging $250.