Cost of Living: Paducah, KY vs Wharton, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Paducah | Wharton |
|---|---|---|
| Housing Index | 85.0 | 115.0 |
| Median Home Price | $161,000 | $348,000 |
| Average Rent (2 BR Apartment) | $800 | $2200 |
| Average Rent (2 BR House) | $1000 | $2240 |
Housing Comparison: Paducah vs Wharton
- The median home price in Wharton is higher at $348,000, compared to $161,000 in Paducah.
- Renting a two-bedroom apartment costs more in Paducah at $800 than in Wharton at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Paducah | Wharton |
|---|---|---|
| Electricity Price | $12.87 | $19.88 |
| Natural Gas Price | $22.78 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Paducah vs Wharton
- Wharton 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 $14.01 in Wharton.
- Utility expenses are equal in both Paducah and Wharton averaging $250.