Cost of Living: Beverly, MA vs Olcott, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Beverly | Olcott |
|---|---|---|
| Housing Index | 125.0 | Data is updating |
| Median Home Price | $647,000 | $375,000 |
| Average Rent (2 BR Apartment) | $2400 | $Data is updating |
| Average Rent (2 BR House) | $2450 | $Data is updating |
Housing Comparison: Beverly vs Olcott
- In Beverly, the median home price is higher at $647,000, while in Olcott it is $375,000.
- The rent for a two-bedroom apartment is equal in both Beverly and Olcott 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 | Olcott |
|---|---|---|
| Electricity Price | $28.15 | $26.08 |
| Natural Gas Price | $21.62 | $18.13 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Beverly vs Olcott
- Electricity costs are higher in Beverly at $28.15 per kWh, compared to $26.08 in Olcott.
- Natural gas is more expensive in Beverly at $21.62 per unit, while it is cheaper at $18.13 in Olcott.
- Utility expenses are equal in both Beverly and Olcott averaging $250.