Cost of Living: Central city, KY vs Hermosa beach, CA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Central city Hermosa beach
Housing Index 90.0 200.0
Median Home Price $117,000 $1,371,000
Average Rent (2 BR Apartment) $1500 $3500
Average Rent (2 BR House) $1600 $3600

Housing Comparison: Central city vs Hermosa beach

  • The median home price in Hermosa beach is higher at $1,371,000, compared to $117,000 in Central city.
  • In Hermosa beach, the rental for a two-bedroom apartment stands at $3,500, while it is $1,500 in Central city.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Central city Hermosa beach
Electricity Price $12.87 $32.99
Natural Gas Price $22.78 $16.99
Other Utilities $250 $250

Utilities Comparison: Central city vs Hermosa beach

  • Hermosa beach has higher electricity costs at $32.99 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 $16.99 in Hermosa beach.
  • Utility expenses are equal in both Central city and Hermosa beach averaging $250.