Cost of Living: Wyoming, MI vs Paris, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Wyoming | Paris |
|---|---|---|
| Housing Index | 91 | 98.5 |
| Median Home Price | $191,000 | $192,000 |
| Average Rent (2 BR Apartment) | $1532 | $1602 |
| Average Rent (2 BR House) | $1665 | $1741 |
Housing Comparison: Wyoming vs Paris
- The median home price in Paris is higher at $192,000, compared to $191,000 in Wyoming.
- In Paris, the rental for a two-bedroom apartment stands at $1,602, while it is $1,532 in Wyoming.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Wyoming | Paris |
|---|---|---|
| Electricity Price | $19.88 | $12.57 |
| Natural Gas Price | $15.42 | $12.35 |
| Other Utilities | $237 | $238 |
Utilities Comparison: Wyoming vs Paris
- Electricity costs are higher in Wyoming at $19.88 per kWh, compared to $12.57 in Paris.
- Natural gas is more expensive in Wyoming at $15.42 per unit, while it is cheaper at $12.35 in Paris.
- Paris has higher utility expenses, averaging $238, while Wyoming averages $237.