Cost of Living: Paris, TX vs Falmouth, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Paris | Falmouth |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $177,000 | $226,000 |
| Average Rent (2 BR Apartment) | $1000 | $1200 |
| Average Rent (2 BR House) | $960 | $1360 |
Housing Comparison: Paris vs Falmouth
- The median home price in Falmouth is higher at $226,000, compared to $177,000 in Paris.
- In Falmouth, the rental for a two-bedroom apartment stands at $1,200, while it is $1,000 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 | Falmouth |
|---|---|---|
| Electricity Price | $14.47 | $12.87 |
| Natural Gas Price | $26.29 | $22.78 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Paris vs Falmouth
- Electricity costs are higher in Paris at $14.47 per kWh, compared to $12.87 in Falmouth.
- Natural gas is more expensive in Paris at $26.29 per unit, while it is cheaper at $22.78 in Falmouth.
- Falmouth has higher utility expenses, averaging $250, while Paris averages $200.