Cost of Living: Victoria, TX vs Peabody, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Victoria | Peabody |
|---|---|---|
| Housing Index | 98.2 | 120.0 |
| Median Home Price | $223,000 | $463,000 |
| Average Rent (2 BR Apartment) | $1606 | $2645 |
| Average Rent (2 BR House) | $1746 | $2875 |
Housing Comparison: Victoria vs Peabody
- The median home price in Peabody is higher at $463,000, compared to $223,000 in Victoria.
- In Peabody, the rental for a two-bedroom apartment stands at $2,645, while it is $1,606 in Victoria.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Victoria | Peabody |
|---|---|---|
| Electricity Price | $14.47 | $28.15 |
| Natural Gas Price | $26.29 | $21.62 |
| Other Utilities | $235 | $280 |
Utilities Comparison: Victoria vs Peabody
- Peabody has higher electricity costs at $28.15 per kWh, versus $14.47 in Victoria.
- Natural gas is more expensive in Victoria at $26.29 per unit, while it is cheaper at $21.62 in Peabody.
- Peabody has higher utility expenses, averaging $280, while Victoria averages $235.