Cost of Living: Owensboro, KY vs Griffin, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Owensboro | Griffin |
|---|---|---|
| Housing Index | 100 | 94.5 |
| Median Home Price | $185,000 | $222,000 |
| Average Rent (2 BR Apartment) | $1350 | $1142 |
| Average Rent (2 BR House) | $1467 | $1241 |
Housing Comparison: Owensboro vs Griffin
- The median home price in Griffin is higher at $222,000, compared to $185,000 in Owensboro.
- Renting a two-bedroom apartment costs more in Owensboro at $1,350 than in Griffin at $1,142.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Owensboro | Griffin |
|---|---|---|
| Electricity Price | $12.87 | $15.53 |
| Natural Gas Price | $22.78 | $27.53 |
| Other Utilities | $225 | $226 |
Utilities Comparison: Owensboro vs Griffin
- Griffin has higher electricity costs at $15.53 per kWh, versus $12.87 in Owensboro.
- Griffin experiences higher natural gas costs at $27.53 per unit, with costs at $22.78 in Owensboro.
- Griffin has higher utility expenses, averaging $226, while Owensboro averages $225.