Cost of Living: Bristol, RI vs Springfield, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bristol | Springfield |
|---|---|---|
| Housing Index | 120.5 | 120.0 |
| Median Home Price | $336,000 | $287,000 |
| Average Rent (2 BR Apartment) | $2150 | $1800 |
| Average Rent (2 BR House) | $2200 | $1840 |
Housing Comparison: Bristol vs Springfield
- In Bristol, the median home price is higher at $336,000, while in Springfield it is $287,000.
- Renting a two-bedroom apartment costs more in Bristol at $2,150 than in Springfield at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Bristol | Springfield |
|---|---|---|
| Electricity Price | $27.03 | $28.15 |
| Natural Gas Price | $21.52 | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Bristol vs Springfield
- Springfield has higher electricity costs at $28.15 per kWh, versus $27.03 in Bristol.
- Springfield experiences higher natural gas costs at $21.62 per unit, with costs at $21.52 in Bristol.
- Utility expenses are equal in both Bristol and Springfield averaging $250.