Cost of Living: Bamberg, SC vs Drakesboro, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bamberg | Drakesboro |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $137,200 | $74,700 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Bamberg vs Drakesboro
- In Bamberg, the median home price is higher at $137,200, while in Drakesboro it is $74,700.
- The rent for a two-bedroom apartment is equal in both Bamberg and Drakesboro 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 | Bamberg | Drakesboro |
|---|---|---|
| Electricity Price | $14.18 | $12.87 |
| Natural Gas Price | $23.51 | $22.78 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Bamberg vs Drakesboro
- Electricity costs are higher in Bamberg at $14.18 per kWh, compared to $12.87 in Drakesboro.
- Natural gas is more expensive in Bamberg at $23.51 per unit, while it is cheaper at $22.78 in Drakesboro.
- Utility expenses are equal in both Bamberg and Drakesboro averaging $250.