Cost of Living: Central falls, RI vs Lafayette, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Central falls | Lafayette |
|---|---|---|
| Housing Index | 121.5 | 91.1 |
| Median Home Price | $224,000 | $218,000 |
| Average Rent (2 BR Apartment) | $1300 | $1076 |
| Average Rent (2 BR House) | $1413 | $1170 |
Housing Comparison: Central falls vs Lafayette
- In Central falls, the median home price is higher at $224,000, while in Lafayette it is $218,000.
- Renting a two-bedroom apartment costs more in Central falls at $1,300 than in Lafayette at $1,076.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Central falls | Lafayette |
|---|---|---|
| Electricity Price | $27.03 | $14.89 |
| Natural Gas Price | $21.52 | $Data is updating |
| Other Utilities | $262 | $233 |
Utilities Comparison: Central falls vs Lafayette
- Electricity costs are higher in Central falls at $27.03 per kWh, compared to $14.89 in Lafayette.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Central falls at an average of $262, compared to Lafayette with $233.