Cost of Living: Paris, KY vs Providence, RI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Paris | Providence |
|---|---|---|
| Housing Index | 90.0 | 125.0 |
| Median Home Price | $196,000 | $335,000 |
| Average Rent (2 BR Apartment) | $1200 | $2200 |
| Average Rent (2 BR House) | $1280 | $2240 |
Housing Comparison: Paris vs Providence
- The median home price in Providence is higher at $335,000, compared to $196,000 in Paris.
- In Providence, the rental for a two-bedroom apartment stands at $2,200, while it is $1,200 in Paris.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Paris | Providence |
|---|---|---|
| Electricity Price | $12.87 | $27.03 |
| Natural Gas Price | $22.78 | $21.52 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Paris vs Providence
- Providence has higher electricity costs at $27.03 per kWh, versus $12.87 in Paris.
- Natural gas is more expensive in Paris at $22.78 per unit, while it is cheaper at $21.52 in Providence.
- Utility expenses are equal in both Paris and Providence averaging $250.