Cost of Living: Cambridge, MA vs Schenectady, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cambridge | Schenectady |
|---|---|---|
| Housing Index | 150.0 | 115.0 |
| Median Home Price | $769,000 | $247,000 |
| Average Rent (2 BR Apartment) | $3000 | $1600 |
| Average Rent (2 BR House) | $3120 | $1650 |
Housing Comparison: Cambridge vs Schenectady
- In Cambridge, the median home price is higher at $769,000, while in Schenectady it is $247,000.
- Renting a two-bedroom apartment costs more in Cambridge at $3,000 than in Schenectady at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cambridge | Schenectady |
|---|---|---|
| Electricity Price | $28.15 | $26.08 |
| Natural Gas Price | $21.62 | $18.13 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Cambridge vs Schenectady
- Electricity costs are higher in Cambridge at $28.15 per kWh, compared to $26.08 in Schenectady.
- Natural gas is more expensive in Cambridge at $21.62 per unit, while it is cheaper at $18.13 in Schenectady.
- Schenectady has higher utility expenses, averaging $250, while Cambridge averages $200.