Cost of Living: Lexington, KY vs Experiment, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lexington | Experiment |
|---|---|---|
| Housing Index | 95.0 | Data is updating |
| Median Home Price | $275,000 | $234,000 |
| Average Rent (2 BR Apartment) | $1350 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Lexington vs Experiment
- In Lexington, the median home price is higher at $275,000, while in Experiment it is $234,000.
- The rent for a two-bedroom apartment is equal in both Lexington and Experiment at $1,350.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lexington | Experiment |
|---|---|---|
| Electricity Price | $12.87 | $15.53 |
| Natural Gas Price | $22.78 | $27.53 |
| Other Utilities | $230 | $Data is updating |
Utilities Comparison: Lexington vs Experiment
- Experiment has higher electricity costs at $15.53 per kWh, versus $12.87 in Lexington.
- Experiment experiences higher natural gas costs at $27.53 per unit, with costs at $22.78 in Lexington.
- Utility expenses are equal in both Lexington and Experiment averaging $230.