Cost of Living: Salem, UT vs Gallatin, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Salem | Gallatin |
|---|---|---|
| Housing Index | Data is updating | 110.5 |
| Median Home Price | $418,000 | $398,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1500 |
| Average Rent (2 BR House) | $Data is updating | $1600 |
Housing Comparison: Salem vs Gallatin
- In Salem, the median home price is higher at $418,000, while in Gallatin it is $398,000.
- The rent for a two-bedroom apartment is equal in both Salem and Gallatin at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Salem | Gallatin |
|---|---|---|
| Electricity Price | $11.5 | $12.57 |
| Natural Gas Price | $14 | $12.35 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Salem vs Gallatin
- Gallatin has higher electricity costs at $12.57 per kWh, versus $11.5 in Salem.
- Natural gas is more expensive in Salem at $14 per unit, while it is cheaper at $12.35 in Gallatin.
- Utility expenses are equal in both Salem and Gallatin averaging $0.0.