Cost of Living: Murray, KY vs Luray, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Murray | Luray |
|---|---|---|
| Housing Index | 90.0 | 95.0 |
| Median Home Price | $165,000 | $261,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1300 | $1360 |
Housing Comparison: Murray vs Luray
- The median home price in Luray is higher at $261,000, compared to $165,000 in Murray.
- The rent for a two-bedroom apartment is equal in both Murray and Luray 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 | Murray | Luray |
|---|---|---|
| Electricity Price | $12.87 | $15.31 |
| Natural Gas Price | $22.78 | $19.91 |
| Other Utilities | $200 | $240 |
Utilities Comparison: Murray vs Luray
- Luray has higher electricity costs at $15.31 per kWh, versus $12.87 in Murray.
- Natural gas is more expensive in Murray at $22.78 per unit, while it is cheaper at $19.91 in Luray.
- Luray has higher utility expenses, averaging $240, while Murray averages $200.