Cost of Living: Racine, WI vs Paducah, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Racine | Paducah |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $220,000 | $161,000 |
| Average Rent (2 BR Apartment) | $975 | $800 |
| Average Rent (2 BR House) | $1040 | $1000 |
Housing Comparison: Racine vs Paducah
- In Racine, the median home price is higher at $220,000, while in Paducah it is $161,000.
- Renting a two-bedroom apartment costs more in Racine at $975 than in Paducah at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Racine | Paducah |
|---|---|---|
| Electricity Price | $17.6 | $12.87 |
| Natural Gas Price | $11.5 | $22.78 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Racine vs Paducah
- Electricity costs are higher in Racine at $17.6 per kWh, compared to $12.87 in Paducah.
- Paducah experiences higher natural gas costs at $22.78 per unit, with costs at $11.5 in Racine.
- Utility expenses are equal in both Racine and Paducah averaging $250.