Cost of Living: Independence, KY vs Etowah, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Independence | Etowah |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $308,000 | $291,400 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1300 |
Housing Comparison: Independence vs Etowah
- In Independence, the median home price is higher at $308,000, while in Etowah it is $291,400.
- The rent for a two-bedroom apartment is equal in both Independence and Etowah 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 | Etowah |
|---|---|---|
| Electricity Price | $12.87 | $13.72 |
| Natural Gas Price | $22.78 | $Data is updating |
| Other Utilities | $250 | $200 |
Utilities Comparison: Independence vs Etowah
- Etowah has higher electricity costs at $13.72 per kWh, versus $12.87 in Independence.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Independence at an average of $250, compared to Etowah with $200.