Cost of Living: Winchester, VA vs Methuen, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Winchester | Methuen |
|---|---|---|
| Housing Index | 115.0 | 120.0 |
| Median Home Price | $348,000 | $491,000 |
| Average Rent (2 BR Apartment) | $1500 | $2300 |
| Average Rent (2 BR House) | $1600 | $2400 |
Housing Comparison: Winchester vs Methuen
- The median home price in Methuen is higher at $491,000, compared to $348,000 in Winchester.
- In Methuen, the rental for a two-bedroom apartment stands at $2,300, while it is $1,500 in Winchester.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Winchester | Methuen |
|---|---|---|
| Electricity Price | $15.31 | $28.15 |
| Natural Gas Price | $19.91 | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Winchester vs Methuen
- Methuen has higher electricity costs at $28.15 per kWh, versus $15.31 in Winchester.
- Methuen experiences higher natural gas costs at $21.62 per unit, with costs at $19.91 in Winchester.
- Utility expenses are equal in both Winchester and Methuen averaging $250.