Cost of Living: Fair oaks, CA vs Newton, MA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Fair oaks Newton
Housing Index 120.0 140.0
Median Home Price $590,000 $1,449,000
Average Rent (2 BR Apartment) $2300 $3100
Average Rent (2 BR House) $2400 $3200

Housing Comparison: Fair oaks vs Newton

  • The median home price in Newton is higher at $1,449,000, compared to $590,000 in Fair oaks.
  • In Newton, the rental for a two-bedroom apartment stands at $3,100, while it is $2,300 in Fair oaks.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Fair oaks Newton
Electricity Price $32.99 $28.15
Natural Gas Price $16.99 $21.62
Other Utilities $200 $250

Utilities Comparison: Fair oaks vs Newton

  • Electricity costs are higher in Fair oaks at $32.99 per kWh, compared to $28.15 in Newton.
  • Newton experiences higher natural gas costs at $21.62 per unit, with costs at $16.99 in Fair oaks.
  • Newton has higher utility expenses, averaging $250, while Fair oaks averages $200.