Cost of Living: Beverly, MA vs Central falls, RI

Housing

The housing market plays a significant role in determining the cost of living.

Metric Beverly Central falls
Housing Index 125.0 Data is updating
Median Home Price $647,000 $224,000
Average Rent (2 BR Apartment) $2400 $Data is updating
Average Rent (2 BR House) $2450 $Data is updating

Housing Comparison: Beverly vs Central falls

  • In Beverly, the median home price is higher at $647,000, while in Central falls it is $224,000.
  • The rent for a two-bedroom apartment is equal in both Beverly and Central falls at $2,400.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Beverly Central falls
Electricity Price $28.15 $27.03
Natural Gas Price $21.62 $21.52
Other Utilities $250 $Data is updating

Utilities Comparison: Beverly vs Central falls

  • Electricity costs are higher in Beverly at $28.15 per kWh, compared to $27.03 in Central falls.
  • Natural gas is more expensive in Beverly at $21.62 per unit, while it is cheaper at $21.52 in Central falls.
  • Utility expenses are equal in both Beverly and Central falls averaging $250.