Cost of Living: Spring city, TN vs Payneville, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Spring city | Payneville |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $238,000 | $197,000 |
| Average Rent (2 BR Apartment) | $800 | $Data is updating |
| Average Rent (2 BR House) | $840 | $Data is updating |
Housing Comparison: Spring city vs Payneville
- In Spring city, the median home price is higher at $238,000, while in Payneville it is $197,000.
- The rent for a two-bedroom apartment is equal in both Spring city and Payneville at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Spring city | Payneville |
|---|---|---|
| Electricity Price | $12.57 | $12.87 |
| Natural Gas Price | $12.35 | $22.78 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Spring city vs Payneville
- Payneville has higher electricity costs at $12.87 per kWh, versus $12.57 in Spring city.
- Payneville experiences higher natural gas costs at $22.78 per unit, with costs at $12.35 in Spring city.
- Utility expenses are equal in both Spring city and Payneville averaging $200.