Cost of Living: Homer, NY vs Newton, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Homer | Newton |
|---|---|---|
| Housing Index | 90.0 | 140.0 |
| Median Home Price | $200,000 | $1,449,000 |
| Average Rent (2 BR Apartment) | $1600 | $3100 |
| Average Rent (2 BR House) | $1625 | $3200 |
Housing Comparison: Homer vs Newton
- The median home price in Newton is higher at $1,449,000, compared to $200,000 in Homer.
- In Newton, the rental for a two-bedroom apartment stands at $3,100, while it is $1,600 in Homer.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Homer | Newton |
|---|---|---|
| Electricity Price | $26.08 | $28.15 |
| Natural Gas Price | $18.13 | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Homer vs Newton
- Newton has higher electricity costs at $28.15 per kWh, versus $26.08 in Homer.
- Newton experiences higher natural gas costs at $21.62 per unit, with costs at $18.13 in Homer.
- Utility expenses are equal in both Homer and Newton averaging $250.