Cost of Living: Promise city, IA vs Louisville, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Promise city | Louisville |
|---|---|---|
| Housing Index | Data is updating | 90.0 |
| Median Home Price | $85,000 | $200,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1280 |
Housing Comparison: Promise city vs Louisville
- The median home price in Louisville is higher at $200,000, compared to $85,000 in Promise city.
- The rent for a two-bedroom apartment is equal in both Promise city and Louisville at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Promise city | Louisville |
|---|---|---|
| Electricity Price | $14.82 | $12.87 |
| Natural Gas Price | $15.61 | $22.78 |
| Other Utilities | $Data is updating | $150 |
Utilities Comparison: Promise city vs Louisville
- Electricity costs are higher in Promise city at $14.82 per kWh, compared to $12.87 in Louisville.
- Louisville experiences higher natural gas costs at $22.78 per unit, with costs at $15.61 in Promise city.
- Utility expenses are equal in both Promise city and Louisville averaging $0.0.