Cost of Living: Ripley, TN vs Canaan, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ripley | Canaan |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $158,000 | $259,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Ripley vs Canaan
- The median home price in Canaan is higher at $259,000, compared to $158,000 in Ripley.
- The rent for a two-bedroom apartment is equal in both Ripley and Canaan 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 | Ripley | Canaan |
|---|---|---|
| Electricity Price | $12.57 | $26 |
| Natural Gas Price | $12.35 | $Data is updating |
| Other Utilities | $220 | $Data is updating |
Utilities Comparison: Ripley vs Canaan
- Canaan has higher electricity costs at $26 per kWh, versus $12.57 in Ripley.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Ripley and Canaan averaging $220.