Cost of Living: Cambridge, MA vs Siloam springs, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cambridge | Siloam springs |
|---|---|---|
| Housing Index | 150.0 | 85.0 |
| Median Home Price | $769,000 | $245,000 |
| Average Rent (2 BR Apartment) | $3000 | $800 |
| Average Rent (2 BR House) | $3120 | $850 |
Housing Comparison: Cambridge vs Siloam springs
- In Cambridge, the median home price is higher at $769,000, while in Siloam springs it is $245,000.
- In Siloam springs, the rental for a two-bedroom apartment stands at $800, while it is $3,000 in Cambridge.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cambridge | Siloam springs |
|---|---|---|
| Electricity Price | $28.15 | $12.36 |
| Natural Gas Price | $21.62 | $17.08 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Cambridge vs Siloam springs
- Electricity costs are higher in Cambridge at $28.15 per kWh, compared to $12.36 in Siloam springs.
- Natural gas is more expensive in Cambridge at $21.62 per unit, while it is cheaper at $17.08 in Siloam springs.
- Utility expenses are equal in both Cambridge and Siloam springs averaging $200.