Cost of Living: Rayland, OH vs Franklin, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rayland | Franklin |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $97,100 | $245,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1272 |
Housing Comparison: Rayland vs Franklin
- The median home price in Franklin is higher at $245,000, compared to $97,100 in Rayland.
- The rent for a two-bedroom apartment is equal in both Rayland and Franklin at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Rayland | Franklin |
|---|---|---|
| Electricity Price | $15.92 | $14.89 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Rayland vs Franklin
- Electricity costs are higher in Rayland at $15.92 per kWh, compared to $14.89 in Franklin.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Rayland and Franklin averaging $0.0.