Cost of Living: Independence, KY vs Boca raton, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Independence | Boca raton |
|---|---|---|
| Housing Index | 110.0 | 125.0 |
| Median Home Price | $308,000 | $476,000 |
| Average Rent (2 BR Apartment) | $1200 | $2200 |
| Average Rent (2 BR House) | $1280 | $2250 |
Housing Comparison: Independence vs Boca raton
- The median home price in Boca raton is higher at $476,000, compared to $308,000 in Independence.
- In Boca raton, the rental for a two-bedroom apartment stands at $2,200, while it is $1,200 in Independence.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Independence | Boca raton |
|---|---|---|
| Electricity Price | $12.87 | $13.89 |
| Natural Gas Price | $22.78 | $26.13 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Independence vs Boca raton
- Boca raton has higher electricity costs at $13.89 per kWh, versus $12.87 in Independence.
- Boca raton experiences higher natural gas costs at $26.13 per unit, with costs at $22.78 in Independence.
- Boca raton has higher utility expenses, averaging $280, while Independence averages $250.