Cost of Living: Springfield, KY vs Indiana, PA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springfield | Indiana |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $182,000 | $154,000 |
| Average Rent (2 BR Apartment) | $1200 | $950 |
| Average Rent (2 BR House) | $1600 | $960 |
Housing Comparison: Springfield vs Indiana
- In Springfield, the median home price is higher at $182,000, while in Indiana it is $154,000.
- In Indiana, the rental for a two-bedroom apartment stands at $950, while it is $1,200 in Springfield.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Springfield | Indiana |
|---|---|---|
| Electricity Price | $12.87 | $17.68 |
| Natural Gas Price | $22.78 | $17.61 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Springfield vs Indiana
- Indiana has higher electricity costs at $17.68 per kWh, versus $12.87 in Springfield.
- Natural gas is more expensive in Springfield at $22.78 per unit, while it is cheaper at $17.61 in Indiana.
- Other utility costs are higher in Springfield at an average of $250, compared to Indiana with $200.