Cost of Living: Waverly, TN vs Hancock, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Waverly | Hancock |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $200,000 | $198,000 |
| Average Rent (2 BR Apartment) | $1000 | $Data is updating |
| Average Rent (2 BR House) | $1025 | $Data is updating |
Housing Comparison: Waverly vs Hancock
- In Waverly, the median home price is higher at $200,000, while in Hancock it is $198,000.
- The rent for a two-bedroom apartment is equal in both Waverly and Hancock at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Waverly | Hancock |
|---|---|---|
| Electricity Price | $12.57 | $16.38 |
| Natural Gas Price | $12.35 | $14.87 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Waverly vs Hancock
- Hancock has higher electricity costs at $16.38 per kWh, versus $12.57 in Waverly.
- Hancock experiences higher natural gas costs at $14.87 per unit, with costs at $12.35 in Waverly.
- Utility expenses are equal in both Waverly and Hancock averaging $200.