Cost of Living: Lexington, KY vs Ashland, NE
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lexington | Ashland |
|---|---|---|
| Housing Index | 95.0 | 90.5 |
| Median Home Price | $275,000 | $312,000 |
| Average Rent (2 BR Apartment) | $1350 | $1300 |
| Average Rent (2 BR House) | $1360 | $1360 |
Housing Comparison: Lexington vs Ashland
- The median home price in Ashland is higher at $312,000, compared to $275,000 in Lexington.
- Renting a two-bedroom apartment costs more in Lexington at $1,350 than in Ashland at $1,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lexington | Ashland |
|---|---|---|
| Electricity Price | $12.87 | $12.92 |
| Natural Gas Price | $22.78 | $13.89 |
| Other Utilities | $230 | $250 |
Utilities Comparison: Lexington vs Ashland
- Ashland has higher electricity costs at $12.92 per kWh, versus $12.87 in Lexington.
- Natural gas is more expensive in Lexington at $22.78 per unit, while it is cheaper at $13.89 in Ashland.
- Ashland has higher utility expenses, averaging $250, while Lexington averages $230.