Cost of Living: Russell springs, KY vs Dearborn, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Russell springs | Dearborn |
|---|---|---|
| Housing Index | 100 | 110.0 |
| Median Home Price | $150,000 | $205,000 |
| Average Rent (2 BR Apartment) | $1350 | $1178 |
| Average Rent (2 BR House) | $1467 | $1280 |
Housing Comparison: Russell springs vs Dearborn
- The median home price in Dearborn is higher at $205,000, compared to $150,000 in Russell springs.
- Renting a two-bedroom apartment costs more in Russell springs at $1,350 than in Dearborn at $1,178.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Russell springs | Dearborn |
|---|---|---|
| Electricity Price | $12.87 | $19.88 |
| Natural Gas Price | $22.78 | $15.42 |
| Other Utilities | $225 | $250 |
Utilities Comparison: Russell springs vs Dearborn
- Dearborn has higher electricity costs at $19.88 per kWh, versus $12.87 in Russell springs.
- Natural gas is more expensive in Russell springs at $22.78 per unit, while it is cheaper at $15.42 in Dearborn.
- Dearborn has higher utility expenses, averaging $250, while Russell springs averages $225.