Cost of Living: Paducah, KY vs Jackson, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Paducah | Jackson |
|---|---|---|
| Housing Index | 85.0 | 75.6 |
| Median Home Price | $161,000 | $158,000 |
| Average Rent (2 BR Apartment) | $800 | $980 |
| Average Rent (2 BR House) | $1000 | $1039 |
Housing Comparison: Paducah vs Jackson
- In Paducah, the median home price is higher at $161,000, while in Jackson it is $158,000.
- In Jackson, the rental for a two-bedroom apartment stands at $980, while it is $800 in Paducah.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Paducah | Jackson |
|---|---|---|
| Electricity Price | $12.87 | $19.88 |
| Natural Gas Price | $22.78 | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Paducah vs Jackson
- Jackson has higher electricity costs at $19.88 per kWh, versus $12.87 in Paducah.
- Natural gas is more expensive in Paducah at $22.78 per unit, while it is cheaper at $15.42 in Jackson.
- Utility expenses are equal in both Paducah and Jackson averaging $250.