Cost of Living: Central city, KY vs Binford, ND
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Central city | Binford |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $117,000 | $100,000 |
| Average Rent (2 BR Apartment) | $1500 | $Data is updating |
| Average Rent (2 BR House) | $1600 | $Data is updating |
Housing Comparison: Central city vs Binford
- In Central city, the median home price is higher at $117,000, while in Binford it is $100,000.
- The rent for a two-bedroom apartment is equal in both Central city and Binford at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Central city | Binford |
|---|---|---|
| Electricity Price | $12.87 | $13.65 |
| Natural Gas Price | $22.78 | $10.8 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Central city vs Binford
- Binford has higher electricity costs at $13.65 per kWh, versus $12.87 in Central city.
- Natural gas is more expensive in Central city at $22.78 per unit, while it is cheaper at $10.8 in Binford.
- Utility expenses are equal in both Central city and Binford averaging $250.