Cost of Living: Boaz, AL vs Frankfort, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Boaz | Frankfort |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $189,000 | $215,000 |
| Average Rent (2 BR Apartment) | $950 | $800 |
| Average Rent (2 BR House) | $1200 | $960 |
Housing Comparison: Boaz vs Frankfort
- The median home price in Frankfort is higher at $215,000, compared to $189,000 in Boaz.
- Renting a two-bedroom apartment costs more in Boaz at $950 than in Frankfort at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Boaz | Frankfort |
|---|---|---|
| Electricity Price | $15.03 | $12.87 |
| Natural Gas Price | $21.76 | $22.78 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Boaz vs Frankfort
- Electricity costs are higher in Boaz at $15.03 per kWh, compared to $12.87 in Frankfort.
- Frankfort experiences higher natural gas costs at $22.78 per unit, with costs at $21.76 in Boaz.
- Frankfort has higher utility expenses, averaging $250, while Boaz averages $200.