Cost of Living: Pewamo, MI vs Fort thomas, KY

Housing

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

Metric Pewamo Fort thomas
Housing Index 85.0 125.0
Median Home Price $185,000 $335,000
Average Rent (2 BR Apartment) $800 $1500
Average Rent (2 BR House) $816 $1600

Housing Comparison: Pewamo vs Fort thomas

  • The median home price in Fort thomas is higher at $335,000, compared to $185,000 in Pewamo.
  • Renting a two-bedroom apartment costs more in Pewamo at $800 than in Fort thomas at $1,500.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Pewamo Fort thomas
Electricity Price $19.88 $12.87
Natural Gas Price $15.42 $22.78
Other Utilities $200 $250

Utilities Comparison: Pewamo vs Fort thomas

  • Electricity costs are higher in Pewamo at $19.88 per kWh, compared to $12.87 in Fort thomas.
  • Fort thomas experiences higher natural gas costs at $22.78 per unit, with costs at $15.42 in Pewamo.
  • Fort thomas has higher utility expenses, averaging $250, while Pewamo averages $200.