Cost of Living: Helena, AL vs Loretto, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Helena | Loretto |
|---|---|---|
| Housing Index | 88.0 | Data is updating |
| Median Home Price | $283,400 | $175,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1400 | $Data is updating |
Housing Comparison: Helena vs Loretto
- In Helena, the median home price is higher at $283,400, while in Loretto it is $175,000.
- The rent for a two-bedroom apartment is equal in both Helena and Loretto 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 | Helena | Loretto |
|---|---|---|
| Electricity Price | $15.03 | $12.87 |
| Natural Gas Price | $21.76 | $22.78 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Helena vs Loretto
- Electricity costs are higher in Helena at $15.03 per kWh, compared to $12.87 in Loretto.
- Loretto experiences higher natural gas costs at $22.78 per unit, with costs at $21.76 in Helena.
- Utility expenses are equal in both Helena and Loretto averaging $250.