Cost of Living: Shelbyville, TN vs Falmouth, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Shelbyville | Falmouth |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $228,000 | $226,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1360 |
Housing Comparison: Shelbyville vs Falmouth
- In Shelbyville, the median home price is higher at $228,000, while in Falmouth it is $226,000.
- The rent for a two-bedroom apartment is equal in both Shelbyville and Falmouth 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 | Shelbyville | Falmouth |
|---|---|---|
| Electricity Price | $12.57 | $12.87 |
| Natural Gas Price | $12.35 | $22.78 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Shelbyville vs Falmouth
- Falmouth has higher electricity costs at $12.87 per kWh, versus $12.57 in Shelbyville.
- Falmouth experiences higher natural gas costs at $22.78 per unit, with costs at $12.35 in Shelbyville.
- Utility expenses are equal in both Shelbyville and Falmouth averaging $250.