Cost of Living: Ripley, TN vs Lincoln, RI
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Ripley | Lincoln |
---|---|---|
Housing Index | 85.0 | Data is updating |
Median Home Price | $158,000 | $415,000 |
Average Rent (2 BR Apartment) | $1200 | $Data is updating |
Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Ripley vs Lincoln
- The median home price in Lincoln is higher at $415,000, compared to $158,000 in Ripley.
- The rent for a two-bedroom apartment is equal in both Ripley and Lincoln 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 | Lincoln |
---|---|---|
Electricity Price | $12.57 | $27.03 |
Natural Gas Price | $12.35 | $21.52 |
Other Utilities | $220 | $Data is updating |
Utilities Comparison: Ripley vs Lincoln
- Lincoln has higher electricity costs at $27.03 per kWh, versus $12.57 in Ripley.
- Lincoln experiences higher natural gas costs at $21.52 per unit, with costs at $12.35 in Ripley.
- Utility expenses are equal in both Ripley and Lincoln averaging $220.