Cost of Living: Cambridge, MA vs Indian trail, NC

Housing

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

Metric Cambridge Indian trail
Housing Index 150.0 110.0
Median Home Price $769,000 $338,000
Average Rent (2 BR Apartment) $3000 $1800
Average Rent (2 BR House) $3120 $1840

Housing Comparison: Cambridge vs Indian trail

  • In Cambridge, the median home price is higher at $769,000, while in Indian trail it is $338,000.
  • Renting a two-bedroom apartment costs more in Cambridge at $3,000 than in Indian trail at $1,800.

Utilities

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

Metric Cambridge Indian trail
Electricity Price $28.15 $13.72
Natural Gas Price $21.62 $Data is updating
Other Utilities $200 $250

Utilities Comparison: Cambridge vs Indian trail

  • Electricity costs are higher in Cambridge at $28.15 per kWh, compared to $13.72 in Indian trail.
  • Natural gas price data is currently unavailable.
  • Indian trail has higher utility expenses, averaging $250, while Cambridge averages $200.