Cost of Living: Erwin, TN vs Drakesboro, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Erwin | Drakesboro |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $228,000 | $74,700 |
| Average Rent (2 BR Apartment) | $1150 | $Data is updating |
| Average Rent (2 BR House) | $1200 | $Data is updating |
Housing Comparison: Erwin vs Drakesboro
- In Erwin, the median home price is higher at $228,000, while in Drakesboro it is $74,700.
- The rent for a two-bedroom apartment is equal in both Erwin and Drakesboro at $1,150.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Erwin | Drakesboro |
|---|---|---|
| Electricity Price | $12.57 | $12.87 |
| Natural Gas Price | $12.35 | $22.78 |
| Other Utilities | $220 | $Data is updating |
Utilities Comparison: Erwin vs Drakesboro
- Drakesboro has higher electricity costs at $12.87 per kWh, versus $12.57 in Erwin.
- Drakesboro experiences higher natural gas costs at $22.78 per unit, with costs at $12.35 in Erwin.
- Utility expenses are equal in both Erwin and Drakesboro averaging $220.