Cost of Living: Fall river, MA vs Lugoff, SC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fall river | Lugoff |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $337,000 | $247,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1280 |
Housing Comparison: Fall river vs Lugoff
- In Fall river, the median home price is higher at $337,000, while in Lugoff it is $247,000.
- Renting a two-bedroom apartment costs more in Fall river at $1,800 than in Lugoff 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 | Fall river | Lugoff |
|---|---|---|
| Electricity Price | $28.15 | $14.18 |
| Natural Gas Price | $21.62 | $23.51 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Fall river vs Lugoff
- Electricity costs are higher in Fall river at $28.15 per kWh, compared to $14.18 in Lugoff.
- Lugoff experiences higher natural gas costs at $23.51 per unit, with costs at $21.62 in Fall river.
- Utility expenses are equal in both Fall river and Lugoff averaging $250.