Cost of Living: Palmetto, FL vs Harrodsburg, KY

Housing

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

Metric Palmetto Harrodsburg
Housing Index 115.0 95.0
Median Home Price $285,000 $150,000
Average Rent (2 BR Apartment) $1800 $1200
Average Rent (2 BR House) $1825 $1225

Housing Comparison: Palmetto vs Harrodsburg

  • In Palmetto, the median home price is higher at $285,000, while in Harrodsburg it is $150,000.
  • Renting a two-bedroom apartment costs more in Palmetto at $1,800 than in Harrodsburg 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 Palmetto Harrodsburg
Electricity Price $13.89 $12.87
Natural Gas Price $26.13 $22.78
Other Utilities $250 $250

Utilities Comparison: Palmetto vs Harrodsburg

  • Electricity costs are higher in Palmetto at $13.89 per kWh, compared to $12.87 in Harrodsburg.
  • Natural gas is more expensive in Palmetto at $26.13 per unit, while it is cheaper at $22.78 in Harrodsburg.
  • Utility expenses are equal in both Palmetto and Harrodsburg averaging $250.