Cost of Living: Ruston, LA vs Springfield, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ruston | Springfield |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $220,000 | $182,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1300 | $1600 |
Housing Comparison: Ruston vs Springfield
- In Ruston, the median home price is higher at $220,000, while in Springfield it is $182,000.
- The rent for a two-bedroom apartment is equal in both Ruston and Springfield 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 | Ruston | Springfield |
|---|---|---|
| Electricity Price | $11.42 | $12.87 |
| Natural Gas Price | $19.48 | $22.78 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Ruston vs Springfield
- Springfield has higher electricity costs at $12.87 per kWh, versus $11.42 in Ruston.
- Springfield experiences higher natural gas costs at $22.78 per unit, with costs at $19.48 in Ruston.
- Utility expenses are equal in both Ruston and Springfield averaging $250.