Cost of Living: Russell springs, KY vs Milford, CT

Housing

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

Metric Russell springs Milford
Housing Index 85.0 125.0
Median Home Price $150,000 $376,000
Average Rent (2 BR Apartment) $800 $2200
Average Rent (2 BR House) $850 $2250

Housing Comparison: Russell springs vs Milford

  • The median home price in Milford is higher at $376,000, compared to $150,000 in Russell springs.
  • Renting a two-bedroom apartment costs more in Russell springs at $800 than in Milford at $2,200.

Utilities

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

Metric Russell springs Milford
Electricity Price $12.87 $26
Natural Gas Price $22.78 $Data is updating
Other Utilities $200 $250

Utilities Comparison: Russell springs vs Milford

  • Milford has higher electricity costs at $26 per kWh, versus $12.87 in Russell springs.
  • Natural gas price data is currently unavailable.
  • Milford has higher utility expenses, averaging $250, while Russell springs averages $200.