Cost of Living: Brainerd, MN vs Covington, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Brainerd | Covington |
|---|---|---|
| Housing Index | 85.0 | 115.0 |
| Median Home Price | $270,000 | $215,000 |
| Average Rent (2 BR Apartment) | $1150 | $1200 |
| Average Rent (2 BR House) | $1200 | $1250 |
Housing Comparison: Brainerd vs Covington
- In Brainerd, the median home price is higher at $270,000, while in Covington it is $215,000.
- In Covington, the rental for a two-bedroom apartment stands at $1,200, while it is $1,150 in Brainerd.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Brainerd | Covington |
|---|---|---|
| Electricity Price | $16.38 | $12.87 |
| Natural Gas Price | $14.87 | $22.78 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Brainerd vs Covington
- Electricity costs are higher in Brainerd at $16.38 per kWh, compared to $12.87 in Covington.
- Covington experiences higher natural gas costs at $22.78 per unit, with costs at $14.87 in Brainerd.
- Covington has higher utility expenses, averaging $250, while Brainerd averages $200.