Cost of Living: Lebanon, MO vs Fulton, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lebanon | Fulton |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $220,000 | $134,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1280 | $850 |
Housing Comparison: Lebanon vs Fulton
- In Lebanon, the median home price is higher at $220,000, while in Fulton it is $134,000.
- In Fulton, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Lebanon.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lebanon | Fulton |
|---|---|---|
| Electricity Price | $14.64 | $12.87 |
| Natural Gas Price | $23.25 | $22.78 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lebanon vs Fulton
- Electricity costs are higher in Lebanon at $14.64 per kWh, compared to $12.87 in Fulton.
- Natural gas is more expensive in Lebanon at $23.25 per unit, while it is cheaper at $22.78 in Fulton.
- Utility expenses are equal in both Lebanon and Fulton averaging $250.