Cost of Living: Lexington, TN vs Salt lake city, UT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lexington | Salt lake city |
|---|---|---|
| Housing Index | 98.5 | 125.0 |
| Median Home Price | $198,000 | $469,000 |
| Average Rent (2 BR Apartment) | $1602 | $1794 |
| Average Rent (2 BR House) | $1741 | $1950 |
Housing Comparison: Lexington vs Salt lake city
- The median home price in Salt lake city is higher at $469,000, compared to $198,000 in Lexington.
- In Salt lake city, the rental for a two-bedroom apartment stands at $1,794, while it is $1,602 in Lexington.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lexington | Salt lake city |
|---|---|---|
| Electricity Price | $12.57 | $11.5 |
| Natural Gas Price | $12.35 | $14 |
| Other Utilities | $238 | $250 |
Utilities Comparison: Lexington vs Salt lake city
- Electricity costs are higher in Lexington at $12.57 per kWh, compared to $11.5 in Salt lake city.
- Salt lake city experiences higher natural gas costs at $14 per unit, with costs at $12.35 in Lexington.
- Salt lake city has higher utility expenses, averaging $250, while Lexington averages $238.