Cost of Living: Armona, CA vs Independence, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Armona | Independence |
|---|---|---|
| Housing Index | 110.0 | 110.0 |
| Median Home Price | $315,000 | $308,000 |
| Average Rent (2 BR Apartment) | $2000 | $1200 |
| Average Rent (2 BR House) | $2040 | $1280 |
Housing Comparison: Armona vs Independence
- In Armona, the median home price is higher at $315,000, while in Independence it is $308,000.
- Renting a two-bedroom apartment costs more in Armona at $2,000 than in Independence 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 | Armona | Independence |
|---|---|---|
| Electricity Price | $32.99 | $12.87 |
| Natural Gas Price | $16.99 | $22.78 |
| Other Utilities | $150 | $250 |
Utilities Comparison: Armona vs Independence
- Electricity costs are higher in Armona at $32.99 per kWh, compared to $12.87 in Independence.
- Independence experiences higher natural gas costs at $22.78 per unit, with costs at $16.99 in Armona.
- Independence has higher utility expenses, averaging $250, while Armona averages $150.