Cost of Living: Lugoff, SC vs Falmouth, KY

Housing

The housing market plays a significant role in determining the cost of living.

Metric Lugoff Falmouth
Housing Index 90.0 90.0
Median Home Price $247,000 $226,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1280 $1360

Housing Comparison: Lugoff vs Falmouth

  • In Lugoff, the median home price is higher at $247,000, while in Falmouth it is $226,000.
  • The rent for a two-bedroom apartment is equal in both Lugoff and Falmouth 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 Lugoff Falmouth
Electricity Price $14.18 $12.87
Natural Gas Price $23.51 $22.78
Other Utilities $250 $250

Utilities Comparison: Lugoff vs Falmouth

  • Electricity costs are higher in Lugoff at $14.18 per kWh, compared to $12.87 in Falmouth.
  • Natural gas is more expensive in Lugoff at $23.51 per unit, while it is cheaper at $22.78 in Falmouth.
  • Utility expenses are equal in both Lugoff and Falmouth averaging $250.