Cost of Living: Bessemer, AL vs Newton, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bessemer | Newton |
|---|---|---|
| Housing Index | 85.0 | 140.0 |
| Median Home Price | $162,000 | $1,449,000 |
| Average Rent (2 BR Apartment) | $1080 | $3100 |
| Average Rent (2 BR House) | $1105 | $3200 |
Housing Comparison: Bessemer vs Newton
- The median home price in Newton is higher at $1,449,000, compared to $162,000 in Bessemer.
- In Newton, the rental for a two-bedroom apartment stands at $3,100, while it is $1,080 in Bessemer.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Bessemer | Newton |
|---|---|---|
| Electricity Price | $15.03 | $28.15 |
| Natural Gas Price | $21.76 | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Bessemer vs Newton
- Newton has higher electricity costs at $28.15 per kWh, versus $15.03 in Bessemer.
- Natural gas is more expensive in Bessemer at $21.76 per unit, while it is cheaper at $21.62 in Newton.
- Utility expenses are equal in both Bessemer and Newton averaging $250.