Cost of Living: Roanoke, VA vs Cypress inn, TN

Housing

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

Metric Roanoke Cypress inn
Housing Index 95.0 90.0
Median Home Price $241,000 $140,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1400 $1300

Housing Comparison: Roanoke vs Cypress inn

  • In Roanoke, the median home price is higher at $241,000, while in Cypress inn it is $140,000.
  • The rent for a two-bedroom apartment is equal in both Roanoke 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 Roanoke Cypress inn
Electricity Price $15.31 $12.57
Natural Gas Price $19.91 $12.35
Other Utilities $200 $250

Utilities Comparison: Roanoke vs Cypress inn

  • Electricity costs are higher in Roanoke at $15.31 per kWh, compared to $12.57 in Cypress inn.
  • Natural gas is more expensive in Roanoke at $19.91 per unit, while it is cheaper at $12.35 in Cypress inn.
  • Cypress inn has higher utility expenses, averaging $250, while Roanoke averages $200.