Cost of Living: Frankfort, KY vs Lancaster, CA

Housing

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

Metric Frankfort Lancaster
Housing Index 90.0 115.0
Median Home Price $215,000 $399,000
Average Rent (2 BR Apartment) $800 $1800
Average Rent (2 BR House) $960 $1875

Housing Comparison: Frankfort vs Lancaster

  • The median home price in Lancaster is higher at $399,000, compared to $215,000 in Frankfort.
  • Renting a two-bedroom apartment costs more in Frankfort at $800 than in Lancaster at $1,800.

Utilities

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

Metric Frankfort Lancaster
Electricity Price $12.87 $32.99
Natural Gas Price $22.78 $16.99
Other Utilities $250 $250

Utilities Comparison: Frankfort vs Lancaster

  • Lancaster has higher electricity costs at $32.99 per kWh, versus $12.87 in Frankfort.
  • Natural gas is more expensive in Frankfort at $22.78 per unit, while it is cheaper at $16.99 in Lancaster.
  • Utility expenses are equal in both Frankfort and Lancaster averaging $250.