Cost of Living: Goleta, CA vs Newton, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Goleta | Newton |
|---|---|---|
| Housing Index | 150.0 | 140.0 |
| Median Home Price | $1,050,000 | $1,449,000 |
| Average Rent (2 BR Apartment) | $3300 | $3100 |
| Average Rent (2 BR House) | $3400 | $3200 |
Housing Comparison: Goleta vs Newton
- The median home price in Newton is higher at $1,449,000, compared to $1,050,000 in Goleta.
- Renting a two-bedroom apartment costs more in Goleta at $3,300 than in Newton at $3,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Goleta | Newton |
|---|---|---|
| Electricity Price | $32.99 | $28.15 |
| Natural Gas Price | $16.99 | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Goleta vs Newton
- Electricity costs are higher in Goleta 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 Goleta.
- Utility expenses are equal in both Goleta and Newton averaging $250.