Cost of Living: London, KY vs Stockbridge, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | London | Stockbridge |
|---|---|---|
| Housing Index | 100 | 94.5 |
| Median Home Price | $197,000 | $317,000 |
| Average Rent (2 BR Apartment) | $1350 | $1601 |
| Average Rent (2 BR House) | $1467 | $1740 |
Housing Comparison: London vs Stockbridge
- The median home price in Stockbridge is higher at $317,000, compared to $197,000 in London.
- In Stockbridge, the rental for a two-bedroom apartment stands at $1,601, while it is $1,350 in London.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | London | Stockbridge |
|---|---|---|
| Electricity Price | $12.87 | $15.53 |
| Natural Gas Price | $22.78 | $27.53 |
| Other Utilities | $225 | $226 |
Utilities Comparison: London vs Stockbridge
- Stockbridge has higher electricity costs at $15.53 per kWh, versus $12.87 in London.
- Stockbridge experiences higher natural gas costs at $27.53 per unit, with costs at $22.78 in London.
- Stockbridge has higher utility expenses, averaging $226, while London averages $225.