Cost of Living: Peru, NY vs Loretto, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Peru | Loretto |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $240,000 | $175,000 |
| Average Rent (2 BR Apartment) | $1640 | $Data is updating |
| Average Rent (2 BR House) | $1700 | $Data is updating |
Housing Comparison: Peru vs Loretto
- In Peru, the median home price is higher at $240,000, while in Loretto it is $175,000.
- The rent for a two-bedroom apartment is equal in both Peru and Loretto at $1,640.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Peru | Loretto |
|---|---|---|
| Electricity Price | $26.08 | $12.87 |
| Natural Gas Price | $18.13 | $22.78 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Peru vs Loretto
- Electricity costs are higher in Peru at $26.08 per kWh, compared to $12.87 in Loretto.
- Loretto experiences higher natural gas costs at $22.78 per unit, with costs at $18.13 in Peru.
- Utility expenses are equal in both Peru and Loretto averaging $200.