Cost of Living: Springfield, MA vs Kingsport, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springfield | Kingsport |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $287,000 | $240,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1300 |
Housing Comparison: Springfield vs Kingsport
- In Springfield, the median home price is higher at $287,000, while in Kingsport it is $240,000.
- Renting a two-bedroom apartment costs more in Springfield at $1,800 than in Kingsport 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 | Springfield | Kingsport |
|---|---|---|
| Electricity Price | $28.15 | $12.57 |
| Natural Gas Price | $21.62 | $12.35 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Springfield vs Kingsport
- Electricity costs are higher in Springfield at $28.15 per kWh, compared to $12.57 in Kingsport.
- Natural gas is more expensive in Springfield at $21.62 per unit, while it is cheaper at $12.35 in Kingsport.
- Utility expenses are equal in both Springfield and Kingsport averaging $250.