Cost of Living: Beverly, MA vs Nevada, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Beverly | Nevada |
|---|---|---|
| Housing Index | 125.0 | 90.0 |
| Median Home Price | $647,000 | $160,000 |
| Average Rent (2 BR Apartment) | $2400 | $800 |
| Average Rent (2 BR House) | $2450 | $850 |
Housing Comparison: Beverly vs Nevada
- In Beverly, the median home price is higher at $647,000, while in Nevada it is $160,000.
- In Nevada, the rental for a two-bedroom apartment stands at $800, while it is $2,400 in Beverly.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Beverly | Nevada |
|---|---|---|
| Electricity Price | $28.15 | $14.64 |
| Natural Gas Price | $21.62 | $23.25 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Beverly vs Nevada
- Electricity costs are higher in Beverly at $28.15 per kWh, compared to $14.64 in Nevada.
- Nevada experiences higher natural gas costs at $23.25 per unit, with costs at $21.62 in Beverly.
- Other utility costs are higher in Beverly at an average of $250, compared to Nevada with $200.