Cost of Living: Russellville, KY vs Germantown, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Russellville | Germantown |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $166,000 | $401,000 |
| Average Rent (2 BR Apartment) | $1175 | $1400 |
| Average Rent (2 BR House) | $1200 | $1500 |
Housing Comparison: Russellville vs Germantown
- The median home price in Germantown is higher at $401,000, compared to $166,000 in Russellville.
- In Germantown, the rental for a two-bedroom apartment stands at $1,400, while it is $1,175 in Russellville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Russellville | Germantown |
|---|---|---|
| Electricity Price | $12.87 | $12.57 |
| Natural Gas Price | $22.78 | $12.35 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Russellville vs Germantown
- Electricity costs are higher in Russellville at $12.87 per kWh, compared to $12.57 in Germantown.
- Natural gas is more expensive in Russellville at $22.78 per unit, while it is cheaper at $12.35 in Germantown.
- Utility expenses are equal in both Russellville and Germantown averaging $250.