Cost of Living: Pierre, SD vs Franklin, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Pierre | Franklin |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $245,000 | $245,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1272 |
Housing Comparison: Pierre vs Franklin
- The median home price is the same in both Pierre and Franklin at $245,000.
- The rent for a two-bedroom apartment is equal in both Pierre and Franklin 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 | Pierre | Franklin |
|---|---|---|
| Electricity Price | $14.15 | $14.89 |
| Natural Gas Price | $10.63 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Pierre vs Franklin
- Franklin has higher electricity costs at $14.89 per kWh, versus $14.15 in Pierre.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Pierre and Franklin averaging $250.