Cost of Living: Medway, ME vs Albany, OR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Medway | Albany |
|---|---|---|
| Housing Index | Data is updating | 98.0 |
| Median Home Price | $158,000 | $315,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1400 |
| Average Rent (2 BR House) | $Data is updating | $1440 |
Housing Comparison: Medway vs Albany
- The median home price in Albany is higher at $315,000, compared to $158,000 in Medway.
- The rent for a two-bedroom apartment is equal in both Medway and Albany at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Medway | Albany |
|---|---|---|
| Electricity Price | $22.26 | $15.12 |
| Natural Gas Price | $21.63 | $16.5 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Medway vs Albany
- Electricity costs are higher in Medway at $22.26 per kWh, compared to $15.12 in Albany.
- Natural gas is more expensive in Medway at $21.63 per unit, while it is cheaper at $16.5 in Albany.
- Utility expenses are equal in both Medway and Albany averaging $0.0.