Cost of Living: Charleston, SC vs Louisville, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Charleston | Louisville |
|---|---|---|
| Housing Index | 120.5 | 90.0 |
| Median Home Price | $407,500 | $200,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2240 | $1280 |
Housing Comparison: Charleston vs Louisville
- In Charleston, the median home price is higher at $407,500, while in Louisville it is $200,000.
- Renting a two-bedroom apartment costs more in Charleston at $2,200 than in Louisville 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 | Charleston | Louisville |
|---|---|---|
| Electricity Price | $14.18 | $12.87 |
| Natural Gas Price | $23.51 | $22.78 |
| Other Utilities | $250 | $150 |
Utilities Comparison: Charleston vs Louisville
- Electricity costs are higher in Charleston at $14.18 per kWh, compared to $12.87 in Louisville.
- Natural gas is more expensive in Charleston at $23.51 per unit, while it is cheaper at $22.78 in Louisville.
- Other utility costs are higher in Charleston at an average of $250, compared to Louisville with $150.