Cost of Living: Central city, KY vs South paris, ME

Housing

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

Metric Central city South paris
Housing Index 90.0 110.0
Median Home Price $117,000 $274,000
Average Rent (2 BR Apartment) $1500 $1200
Average Rent (2 BR House) $1600 $1360

Housing Comparison: Central city vs South paris

  • The median home price in South paris is higher at $274,000, compared to $117,000 in Central city.
  • Renting a two-bedroom apartment costs more in Central city at $1,500 than in South paris 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 Central city South paris
Electricity Price $12.87 $22.26
Natural Gas Price $22.78 $21.63
Other Utilities $250 $250

Utilities Comparison: Central city vs South paris

  • South paris has higher electricity costs at $22.26 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 $21.63 in South paris.
  • Utility expenses are equal in both Central city and South paris averaging $250.