Cost of Living: Wellington, FL vs Ripley, TN
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Wellington | Ripley |
---|---|---|
Housing Index | 115.0 | 85.0 |
Median Home Price | $483,000 | $158,000 |
Average Rent (2 BR Apartment) | $2200 | $1200 |
Average Rent (2 BR House) | $2245 | $1360 |
Housing Comparison: Wellington vs Ripley
- In Wellington, the median home price is higher at $483,000, while in Ripley it is $158,000.
- Renting a two-bedroom apartment costs more in Wellington at $2,200 than in Ripley 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 | Wellington | Ripley |
---|---|---|
Electricity Price | $13.89 | $12.57 |
Natural Gas Price | $26.13 | $12.35 |
Other Utilities | $250 | $220 |
Utilities Comparison: Wellington vs Ripley
- Electricity costs are higher in Wellington at $13.89 per kWh, compared to $12.57 in Ripley.
- Natural gas is more expensive in Wellington at $26.13 per unit, while it is cheaper at $12.35 in Ripley.
- Other utility costs are higher in Wellington at an average of $250, compared to Ripley with $220.