Cost of Living: Ravenswood, WV vs Louisville, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ravenswood | Louisville |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $110,000 | $200,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $848 | $1280 |
Housing Comparison: Ravenswood vs Louisville
- The median home price in Louisville is higher at $200,000, compared to $110,000 in Ravenswood.
- Renting a two-bedroom apartment costs more in Ravenswood at $800 than in Louisville 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 | Ravenswood | Louisville |
|---|---|---|
| Electricity Price | $15.48 | $12.87 |
| Natural Gas Price | $23.05 | $22.78 |
| Other Utilities | $200 | $150 |
Utilities Comparison: Ravenswood vs Louisville
- Electricity costs are higher in Ravenswood at $15.48 per kWh, compared to $12.87 in Louisville.
- Natural gas is more expensive in Ravenswood at $23.05 per unit, while it is cheaper at $22.78 in Louisville.
- Other utility costs are higher in Ravenswood at an average of $200, compared to Louisville with $150.