Cost of Living: Fort thomas, KY vs Richland, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fort thomas | Richland |
|---|---|---|
| Housing Index | 125.0 | 95.0 |
| Median Home Price | $335,000 | $176,000 |
| Average Rent (2 BR Apartment) | $1500 | $1200 |
| Average Rent (2 BR House) | $1600 | $1360 |
Housing Comparison: Fort thomas vs Richland
- In Fort thomas, the median home price is higher at $335,000, while in Richland it is $176,000.
- Renting a two-bedroom apartment costs more in Fort thomas at $1,500 than in Richland 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 | Fort thomas | Richland |
|---|---|---|
| Electricity Price | $12.87 | $13.42 |
| Natural Gas Price | $22.78 | $22.19 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Fort thomas vs Richland
- Richland has higher electricity costs at $13.42 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 $22.19 in Richland.
- Utility expenses are equal in both Fort thomas and Richland averaging $250.