Cost of Living: Louisville, KY vs Savannah, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Louisville | Savannah |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $200,000 | $293,000 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1280 | $1600 |
Housing Comparison: Louisville vs Savannah
- The median home price in Savannah is higher at $293,000, compared to $200,000 in Louisville.
- In Savannah, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Louisville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Louisville | Savannah |
|---|---|---|
| Electricity Price | $12.87 | $15.53 |
| Natural Gas Price | $22.78 | $27.53 |
| Other Utilities | $150 | $200 |
Utilities Comparison: Louisville vs Savannah
- Savannah has higher electricity costs at $15.53 per kWh, versus $12.87 in Louisville.
- Savannah experiences higher natural gas costs at $27.53 per unit, with costs at $22.78 in Louisville.
- Savannah has higher utility expenses, averaging $200, while Louisville averages $150.