Cost of Living: Independence, KY vs Bernice, LA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Independence Bernice
Housing Index 110.0 Data is updating
Median Home Price $308,000 $Data is updating
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1280 $Data is updating

Housing Comparison: Independence vs Bernice

  • In Independence, the median home price is higher at $308,000, while in Bernice it is $0.
  • The rent for a two-bedroom apartment is equal in both Independence and Bernice 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 Independence Bernice
Electricity Price $12.87 $11.42
Natural Gas Price $22.78 $19.48
Other Utilities $250 $Data is updating

Utilities Comparison: Independence vs Bernice

  • Electricity costs are higher in Independence at $12.87 per kWh, compared to $11.42 in Bernice.
  • Natural gas is more expensive in Independence at $22.78 per unit, while it is cheaper at $19.48 in Bernice.
  • Utility expenses are equal in both Independence and Bernice averaging $250.