Cost of Living: Greenwood, IN vs Rumford, ME
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Greenwood | Rumford |
|---|---|---|
| Housing Index | 90.0 | 85.2 |
| Median Home Price | $287,500 | $210,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1300 | $1360 |
Housing Comparison: Greenwood vs Rumford
- In Greenwood, the median home price is higher at $287,500, while in Rumford it is $210,000.
- The rent for a two-bedroom apartment is equal in both Greenwood and Rumford at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Greenwood | Rumford |
|---|---|---|
| Electricity Price | $14.89 | $22.26 |
| Natural Gas Price | $Data is updating | $21.63 |
| Other Utilities | $250 | $220 |
Utilities Comparison: Greenwood vs Rumford
- Rumford has higher electricity costs at $22.26 per kWh, versus $14.89 in Greenwood.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Greenwood at an average of $250, compared to Rumford with $220.