Cost of Living: Essex, MD vs Fall river, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Essex | Fall river |
|---|---|---|
| Housing Index | Data is updating | 115.0 |
| Median Home Price | $351,000 | $337,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1840 |
Housing Comparison: Essex vs Fall river
- In Essex, the median home price is higher at $351,000, while in Fall river it is $337,000.
- The rent for a two-bedroom apartment is equal in both Essex and Fall river at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Essex | Fall river |
|---|---|---|
| Electricity Price | $17.41 | $28.15 |
| Natural Gas Price | $18.44 | $21.62 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Essex vs Fall river
- Fall river has higher electricity costs at $28.15 per kWh, versus $17.41 in Essex.
- Fall river experiences higher natural gas costs at $21.62 per unit, with costs at $18.44 in Essex.
- Utility expenses are equal in both Essex and Fall river averaging $0.0.