Cost of Living: Liberty, MO vs Covington, KY
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Liberty | Covington |
---|---|---|
Housing Index | 90.0 | 115.0 |
Median Home Price | $335,000 | $215,000 |
Average Rent (2 BR Apartment) | $1200 | $1200 |
Average Rent (2 BR House) | $1300 | $1250 |
Housing Comparison: Liberty vs Covington
- In Liberty, the median home price is higher at $335,000, while in Covington it is $215,000.
- The rent for a two-bedroom apartment is equal in both Liberty and Covington 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 | Liberty | Covington |
---|---|---|
Electricity Price | $14.64 | $12.87 |
Natural Gas Price | $23.25 | $22.78 |
Other Utilities | $200 | $250 |
Utilities Comparison: Liberty vs Covington
- Electricity costs are higher in Liberty at $14.64 per kWh, compared to $12.87 in Covington.
- Natural gas is more expensive in Liberty at $23.25 per unit, while it is cheaper at $22.78 in Covington.
- Covington has higher utility expenses, averaging $250, while Liberty averages $200.