Cost of Living: Yonkers, NY vs Palmer, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Yonkers | Palmer |
|---|---|---|
| Housing Index | 120.0 | 125.6 |
| Median Home Price | $550,000 | $309,900 |
| Average Rent (2 BR Apartment) | $2600 | $2614 |
| Average Rent (2 BR House) | $2826 | $2841 |
Housing Comparison: Yonkers vs Palmer
- In Yonkers, the median home price is higher at $550,000, while in Palmer it is $309,900.
- In Palmer, the rental for a two-bedroom apartment stands at $2,614, while it is $2,600 in Yonkers.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Yonkers | Palmer |
|---|---|---|
| Electricity Price | $26.08 | $28.15 |
| Natural Gas Price | $18.13 | $21.62 |
| Other Utilities | $250 | $258 |
Utilities Comparison: Yonkers vs Palmer
- Palmer has higher electricity costs at $28.15 per kWh, versus $26.08 in Yonkers.
- Palmer experiences higher natural gas costs at $21.62 per unit, with costs at $18.13 in Yonkers.
- Palmer has higher utility expenses, averaging $258, while Yonkers averages $250.