Cost of Living: Fort thomas, KY vs Phoenix, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fort thomas | Phoenix |
|---|---|---|
| Housing Index | 125.0 | 115.0 |
| Median Home Price | $335,000 | $358,200 |
| Average Rent (2 BR Apartment) | $1500 | $1800 |
| Average Rent (2 BR House) | $1600 | $1840 |
Housing Comparison: Fort thomas vs Phoenix
- The median home price in Phoenix is higher at $358,200, compared to $335,000 in Fort thomas.
- In Phoenix, 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 | Phoenix |
|---|---|---|
| Electricity Price | $12.87 | $15.14 |
| Natural Gas Price | $22.78 | $23.51 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Fort thomas vs Phoenix
- Phoenix has higher electricity costs at $15.14 per kWh, versus $12.87 in Fort thomas.
- Phoenix experiences higher natural gas costs at $23.51 per unit, with costs at $22.78 in Fort thomas.
- Utility expenses are equal in both Fort thomas and Phoenix averaging $250.