Cost of Living: Anderson, IN vs Central city, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Anderson | Central city |
|---|---|---|
| Housing Index | 95.0 | 90.0 |
| Median Home Price | $185,000 | $117,000 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1280 | $1600 |
Housing Comparison: Anderson vs Central city
- In Anderson, the median home price is higher at $185,000, while in Central city it is $117,000.
- In Central city, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Anderson.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Anderson | Central city |
|---|---|---|
| Electricity Price | $14.89 | $12.87 |
| Natural Gas Price | $Data is updating | $22.78 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Anderson vs Central city
- Electricity costs are higher in Anderson at $14.89 per kWh, compared to $12.87 in Central city.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Anderson and Central city averaging $250.