Cost of Living: Cranston, RI vs Frankfort, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cranston | Frankfort |
|---|---|---|
| Housing Index | 115.5 | 90.0 |
| Median Home Price | $368,600 | $215,000 |
| Average Rent (2 BR Apartment) | $1800 | $800 |
| Average Rent (2 BR House) | $1840 | $960 |
Housing Comparison: Cranston vs Frankfort
- In Cranston, the median home price is higher at $368,600, while in Frankfort it is $215,000.
- In Frankfort, the rental for a two-bedroom apartment stands at $800, while it is $1,800 in Cranston.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cranston | Frankfort |
|---|---|---|
| Electricity Price | $27.03 | $12.87 |
| Natural Gas Price | $21.52 | $22.78 |
| Other Utilities | $275 | $250 |
Utilities Comparison: Cranston vs Frankfort
- Electricity costs are higher in Cranston at $27.03 per kWh, compared to $12.87 in Frankfort.
- Frankfort experiences higher natural gas costs at $22.78 per unit, with costs at $21.52 in Cranston.
- Other utility costs are higher in Cranston at an average of $275, compared to Frankfort with $250.