Cost of Living: Clayton, NC vs Medford, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Clayton | Medford |
|---|---|---|
| Housing Index | 110.0 | 120.0 |
| Median Home Price | $395,000 | $482,000 |
| Average Rent (2 BR Apartment) | $1350 | $2500 |
| Average Rent (2 BR House) | $1385 | $2350 |
Housing Comparison: Clayton vs Medford
- The median home price in Medford is higher at $482,000, compared to $395,000 in Clayton.
- In Medford, the rental for a two-bedroom apartment stands at $2,500, while it is $1,350 in Clayton.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Clayton | Medford |
|---|---|---|
| Electricity Price | $13.72 | $28.15 |
| Natural Gas Price | $Data is updating | $21.62 |
| Other Utilities | $220 | $250 |
Utilities Comparison: Clayton vs Medford
- Medford has higher electricity costs at $28.15 per kWh, versus $13.72 in Clayton.
- Natural gas price data is currently unavailable.
- Medford has higher utility expenses, averaging $250, while Clayton averages $220.