Cost of Living: Ballston spa, NY vs Peabody, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ballston spa | Peabody |
|---|---|---|
| Housing Index | 120.0 | 120.0 |
| Median Home Price | $300,000 | $463,000 |
| Average Rent (2 BR Apartment) | $2100 | $2300 |
| Average Rent (2 BR House) | $2165.6 | $2400 |
Housing Comparison: Ballston spa vs Peabody
- The median home price in Peabody is higher at $463,000, compared to $300,000 in Ballston spa.
- In Peabody, the rental for a two-bedroom apartment stands at $2,300, while it is $2,100 in Ballston spa.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ballston spa | Peabody |
|---|---|---|
| Electricity Price | $26.08 | $28.15 |
| Natural Gas Price | $18.13 | $21.62 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Ballston spa vs Peabody
- Peabody has higher electricity costs at $28.15 per kWh, versus $26.08 in Ballston spa.
- Peabody experiences higher natural gas costs at $21.62 per unit, with costs at $18.13 in Ballston spa.
- Peabody has higher utility expenses, averaging $280, while Ballston spa averages $250.