Cost of Living: Shelbyville, TN vs Lovejoy, GA

Housing

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

Metric Shelbyville Lovejoy
Housing Index 85.0 Data is updating
Median Home Price $228,000 $205,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1360 $Data is updating

Housing Comparison: Shelbyville vs Lovejoy

  • In Shelbyville, the median home price is higher at $228,000, while in Lovejoy it is $205,000.
  • The rent for a two-bedroom apartment is equal in both Shelbyville and Lovejoy 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 Shelbyville Lovejoy
Electricity Price $12.57 $15.53
Natural Gas Price $12.35 $27.53
Other Utilities $250 $Data is updating

Utilities Comparison: Shelbyville vs Lovejoy

  • Lovejoy has higher electricity costs at $15.53 per kWh, versus $12.57 in Shelbyville.
  • Lovejoy experiences higher natural gas costs at $27.53 per unit, with costs at $12.35 in Shelbyville.
  • Utility expenses are equal in both Shelbyville and Lovejoy averaging $250.