Cost of Living: Cambridge, MA vs Prescott, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cambridge | Prescott |
|---|---|---|
| Housing Index | 150.0 | 110.0 |
| Median Home Price | $769,000 | $531,000 |
| Average Rent (2 BR Apartment) | $3000 | $1800 |
| Average Rent (2 BR House) | $3120 | $1840 |
Housing Comparison: Cambridge vs Prescott
- In Cambridge, the median home price is higher at $769,000, while in Prescott it is $531,000.
- Renting a two-bedroom apartment costs more in Cambridge at $3,000 than in Prescott 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 | Prescott |
|---|---|---|
| Electricity Price | $28.15 | $15.14 |
| Natural Gas Price | $21.62 | $23.51 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Cambridge vs Prescott
- Electricity costs are higher in Cambridge at $28.15 per kWh, compared to $15.14 in Prescott.
- Prescott experiences higher natural gas costs at $23.51 per unit, with costs at $21.62 in Cambridge.
- Prescott has higher utility expenses, averaging $250, while Cambridge averages $200.