Cost of Living: Falmouth, KY vs Raleigh, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Falmouth | Raleigh |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $226,000 | $391,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1280 |
Housing Comparison: Falmouth vs Raleigh
- The median home price in Raleigh is higher at $391,000, compared to $226,000 in Falmouth.
- The rent for a two-bedroom apartment is equal in both Falmouth and Raleigh 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 | Falmouth | Raleigh |
|---|---|---|
| Electricity Price | $12.87 | $13.72 |
| Natural Gas Price | $22.78 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Falmouth vs Raleigh
- Raleigh has higher electricity costs at $13.72 per kWh, versus $12.87 in Falmouth.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Falmouth and Raleigh averaging $250.