Cost of Living: Herald, CA vs Independence, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Herald | Independence |
|---|---|---|
| Housing Index | Data is updating | 110.0 |
| Median Home Price | $550,000 | $308,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1280 |
Housing Comparison: Herald vs Independence
- In Herald, the median home price is higher at $550,000, while in Independence it is $308,000.
- The rent for a two-bedroom apartment is equal in both Herald and Independence at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Herald | Independence |
|---|---|---|
| Electricity Price | $32.99 | $12.87 |
| Natural Gas Price | $16.99 | $22.78 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Herald vs Independence
- Electricity costs are higher in Herald at $32.99 per kWh, compared to $12.87 in Independence.
- Independence experiences higher natural gas costs at $22.78 per unit, with costs at $16.99 in Herald.
- Utility expenses are equal in both Herald and Independence averaging $0.0.