Cost of Living: Bailey, MS vs Springfield, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bailey | Springfield |
|---|---|---|
| Housing Index | Data is updating | 120.0 |
| Median Home Price | $Data is updating | $287,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1840 |
Housing Comparison: Bailey vs Springfield
- The median home price in Springfield is higher at $287,000, compared to $0 in Bailey.
- The rent for a two-bedroom apartment is equal in both Bailey and Springfield 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 | Bailey | Springfield |
|---|---|---|
| Electricity Price | $13.42 | $28.15 |
| Natural Gas Price | $22.19 | $21.62 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Bailey vs Springfield
- Springfield has higher electricity costs at $28.15 per kWh, versus $13.42 in Bailey.
- Natural gas is more expensive in Bailey at $22.19 per unit, while it is cheaper at $21.62 in Springfield.
- Utility expenses are equal in both Bailey and Springfield averaging $0.0.