Cost of Living: Cabot, AR vs Medford, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cabot | Medford |
|---|---|---|
| Housing Index | 86.4 | 125.6 |
| Median Home Price | $217,500 | $482,000 |
| Average Rent (2 BR Apartment) | $1351 | $3121 |
| Average Rent (2 BR House) | $1469 | $3392 |
Housing Comparison: Cabot vs Medford
- The median home price in Medford is higher at $482,000, compared to $217,500 in Cabot.
- In Medford, the rental for a two-bedroom apartment stands at $3,121, while it is $1,351 in Cabot.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cabot | Medford |
|---|---|---|
| Electricity Price | $12.36 | $28.15 |
| Natural Gas Price | $17.08 | $21.62 |
| Other Utilities | $208 | $258 |
Utilities Comparison: Cabot vs Medford
- Medford has higher electricity costs at $28.15 per kWh, versus $12.36 in Cabot.
- Medford experiences higher natural gas costs at $21.62 per unit, with costs at $17.08 in Cabot.
- Medford has higher utility expenses, averaging $258, while Cabot averages $208.