Cost of Living: Tennessee ridge, TN vs Grand rapids, MI

Housing

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

Metric Tennessee ridge Grand rapids
Housing Index 90.0 110.0
Median Home Price $192,000 $230,000
Average Rent (2 BR Apartment) $1200 $1300
Average Rent (2 BR House) $1200 $1350

Housing Comparison: Tennessee ridge vs Grand rapids

  • The median home price in Grand rapids is higher at $230,000, compared to $192,000 in Tennessee ridge.
  • In Grand rapids, the rental for a two-bedroom apartment stands at $1,300, while it is $1,200 in Tennessee ridge.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Tennessee ridge Grand rapids
Electricity Price $12.57 $19.88
Natural Gas Price $12.35 $15.42
Other Utilities $200 $250

Utilities Comparison: Tennessee ridge vs Grand rapids

  • Grand rapids has higher electricity costs at $19.88 per kWh, versus $12.57 in Tennessee ridge.
  • Grand rapids experiences higher natural gas costs at $15.42 per unit, with costs at $12.35 in Tennessee ridge.
  • Grand rapids has higher utility expenses, averaging $250, while Tennessee ridge averages $200.