Cost of Living: Fort thomas, KY vs Montgomery, NY

Housing

The housing market plays a significant role in determining the cost of living.

Metric Fort thomas Montgomery
Housing Index 125.0 120.0
Median Home Price $335,000 $346,000
Average Rent (2 BR Apartment) $1500 $1800
Average Rent (2 BR House) $1600 $1880

Housing Comparison: Fort thomas vs Montgomery

  • The median home price in Montgomery is higher at $346,000, compared to $335,000 in Fort thomas.
  • In Montgomery, the rental for a two-bedroom apartment stands at $1,800, while it is $1,500 in Fort thomas.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Fort thomas Montgomery
Electricity Price $12.87 $26.08
Natural Gas Price $22.78 $18.13
Other Utilities $250 $250

Utilities Comparison: Fort thomas vs Montgomery

  • Montgomery has higher electricity costs at $26.08 per kWh, versus $12.87 in Fort thomas.
  • Natural gas is more expensive in Fort thomas at $22.78 per unit, while it is cheaper at $18.13 in Montgomery.
  • Utility expenses are equal in both Fort thomas and Montgomery averaging $250.