Cost of Living: Cambridge, MA vs Red lodge, MT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cambridge | Red lodge |
|---|---|---|
| Housing Index | 150.0 | 115.0 |
| Median Home Price | $769,000 | $311,000 |
| Average Rent (2 BR Apartment) | $3000 | $1200 |
| Average Rent (2 BR House) | $3120 | $1236 |
Housing Comparison: Cambridge vs Red lodge
- In Cambridge, the median home price is higher at $769,000, while in Red lodge it is $311,000.
- Renting a two-bedroom apartment costs more in Cambridge at $3,000 than in Red lodge at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cambridge | Red lodge |
|---|---|---|
| Electricity Price | $28.15 | $13.58 |
| Natural Gas Price | $21.62 | $8.31 |
| Other Utilities | $200 | $280 |
Utilities Comparison: Cambridge vs Red lodge
- Electricity costs are higher in Cambridge at $28.15 per kWh, compared to $13.58 in Red lodge.
- Red lodge experiences higher natural gas costs at $8.31 per unit, with costs at $21.62 in Cambridge.
- Red lodge has higher utility expenses, averaging $280, while Cambridge averages $200.