Cost of Living: Frankfort, KY vs Ruston, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Frankfort | Ruston |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $215,000 | $220,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $960 | $1300 |
Housing Comparison: Frankfort vs Ruston
- The median home price in Ruston is higher at $220,000, compared to $215,000 in Frankfort.
- Renting a two-bedroom apartment costs more in Frankfort at $800 than in Ruston 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 | Frankfort | Ruston |
|---|---|---|
| Electricity Price | $12.87 | $11.42 |
| Natural Gas Price | $22.78 | $19.48 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Frankfort vs Ruston
- Electricity costs are higher in Frankfort at $12.87 per kWh, compared to $11.42 in Ruston.
- Natural gas is more expensive in Frankfort at $22.78 per unit, while it is cheaper at $19.48 in Ruston.
- Utility expenses are equal in both Frankfort and Ruston averaging $250.