Cost of Living: Caldwell, TX vs Murray, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Caldwell | Murray |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $238,000 | $165,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1300 | $1300 |
Housing Comparison: Caldwell vs Murray
- In Caldwell, the median home price is higher at $238,000, while in Murray it is $165,000.
- The rent for a two-bedroom apartment is equal in both Caldwell and Murray 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 | Caldwell | Murray |
|---|---|---|
| Electricity Price | $14.47 | $12.87 |
| Natural Gas Price | $26.29 | $22.78 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Caldwell vs Murray
- Electricity costs are higher in Caldwell at $14.47 per kWh, compared to $12.87 in Murray.
- Natural gas is more expensive in Caldwell at $26.29 per unit, while it is cheaper at $22.78 in Murray.
- Other utility costs are higher in Caldwell at an average of $250, compared to Murray with $200.