Cost of Living: Russell springs, KY vs Dearborn, MI

Housing

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

Metric Russell springs Dearborn
Housing Index 85.0 110.0
Median Home Price $150,000 $205,000
Average Rent (2 BR Apartment) $800 $1200
Average Rent (2 BR House) $850 $1280

Housing Comparison: Russell springs vs Dearborn

  • The median home price in Dearborn is higher at $205,000, compared to $150,000 in Russell springs.
  • Renting a two-bedroom apartment costs more in Russell springs at $800 than in Dearborn 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 Russell springs Dearborn
Electricity Price $12.87 $19.88
Natural Gas Price $22.78 $15.42
Other Utilities $200 $250

Utilities Comparison: Russell springs vs Dearborn

  • Dearborn has higher electricity costs at $19.88 per kWh, versus $12.87 in Russell springs.
  • Natural gas is more expensive in Russell springs at $22.78 per unit, while it is cheaper at $15.42 in Dearborn.
  • Dearborn has higher utility expenses, averaging $250, while Russell springs averages $200.