Cost of Living: Frankfort, KY vs Morristown, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Frankfort | Morristown |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $215,000 | $150,000 |
| Average Rent (2 BR Apartment) | $800 | $Data is updating |
| Average Rent (2 BR House) | $960 | $Data is updating |
Housing Comparison: Frankfort vs Morristown
- In Frankfort, the median home price is higher at $215,000, while in Morristown it is $150,000.
- The rent for a two-bedroom apartment is equal in both Frankfort and Morristown at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Frankfort | Morristown |
|---|---|---|
| Electricity Price | $12.87 | $14.89 |
| Natural Gas Price | $22.78 | $Data is updating |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Frankfort vs Morristown
- Morristown has higher electricity costs at $14.89 per kWh, versus $12.87 in Frankfort.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Frankfort and Morristown averaging $250.