Cost of Living: Beverly, MA vs Saginaw, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Beverly | Saginaw |
|---|---|---|
| Housing Index | 125.0 | 91 |
| Median Home Price | $647,000 | $108,000 |
| Average Rent (2 BR Apartment) | $2427 | $874 |
| Average Rent (2 BR House) | $2638 | $950 |
Housing Comparison: Beverly vs Saginaw
- In Beverly, the median home price is higher at $647,000, while in Saginaw it is $108,000.
- In Saginaw, the rental for a two-bedroom apartment stands at $874, while it is $2,427 in Beverly.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Beverly | Saginaw |
|---|---|---|
| Electricity Price | $28.15 | $19.88 |
| Natural Gas Price | $21.62 | $15.42 |
| Other Utilities | $250 | $237 |
Utilities Comparison: Beverly vs Saginaw
- Electricity costs are higher in Beverly at $28.15 per kWh, compared to $19.88 in Saginaw.
- Natural gas is more expensive in Beverly at $21.62 per unit, while it is cheaper at $15.42 in Saginaw.
- Other utility costs are higher in Beverly at an average of $250, compared to Saginaw with $237.