Cost of Living: Frankfort, KY vs Tyler, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Frankfort | Tyler |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $215,000 | $238,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $960 | $1399 |
Housing Comparison: Frankfort vs Tyler
- The median home price in Tyler is higher at $238,000, compared to $215,000 in Frankfort.
- Renting a two-bedroom apartment costs more in Frankfort at $800 than in Tyler 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 | Tyler |
|---|---|---|
| Electricity Price | $12.87 | $14.47 |
| Natural Gas Price | $22.78 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Frankfort vs Tyler
- Tyler has higher electricity costs at $14.47 per kWh, versus $12.87 in Frankfort.
- Tyler experiences higher natural gas costs at $26.29 per unit, with costs at $22.78 in Frankfort.
- Utility expenses are equal in both Frankfort and Tyler averaging $250.