Cost of Living: Columbia, MO vs Frankfort, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Columbia | Frankfort |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $295,000 | $215,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1360 | $960 |
Housing Comparison: Columbia vs Frankfort
- In Columbia, the median home price is higher at $295,000, while in Frankfort it is $215,000.
- In Frankfort, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Columbia.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Columbia | Frankfort |
|---|---|---|
| Electricity Price | $14.64 | $12.87 |
| Natural Gas Price | $23.25 | $22.78 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Columbia vs Frankfort
- Electricity costs are higher in Columbia at $14.64 per kWh, compared to $12.87 in Frankfort.
- Natural gas is more expensive in Columbia at $23.25 per unit, while it is cheaper at $22.78 in Frankfort.
- Utility expenses are equal in both Columbia and Frankfort averaging $250.