Cost of Living: Independence, KY vs Stoughton, WI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Independence | Stoughton |
|---|---|---|
| Housing Index | 110.0 | 110.7 |
| Median Home Price | $308,000 | $268,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1360 |
Housing Comparison: Independence vs Stoughton
- In Independence, the median home price is higher at $308,000, while in Stoughton it is $268,000.
- The rent for a two-bedroom apartment is equal in both Independence and Stoughton 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 | Stoughton |
|---|---|---|
| Electricity Price | $12.87 | $17.6 |
| Natural Gas Price | $22.78 | $11.5 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Independence vs Stoughton
- Stoughton has higher electricity costs at $17.6 per kWh, versus $12.87 in Independence.
- Natural gas is more expensive in Independence at $22.78 per unit, while it is cheaper at $11.5 in Stoughton.
- Utility expenses are equal in both Independence and Stoughton averaging $250.