Cost of Living: Raleigh, NC vs Harrodsburg, KY

Housing

The housing market plays a significant role in determining the cost of living.

Metric Raleigh Harrodsburg
Housing Index 110.0 95.0
Median Home Price $391,000 $150,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1280 $1225

Housing Comparison: Raleigh vs Harrodsburg

  • In Raleigh, the median home price is higher at $391,000, while in Harrodsburg it is $150,000.
  • The rent for a two-bedroom apartment is equal in both Raleigh and Harrodsburg 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 Raleigh Harrodsburg
Electricity Price $13.72 $12.87
Natural Gas Price $Data is updating $22.78
Other Utilities $250 $250

Utilities Comparison: Raleigh vs Harrodsburg

  • Electricity costs are higher in Raleigh at $13.72 per kWh, compared to $12.87 in Harrodsburg.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Raleigh and Harrodsburg averaging $250.