Cost of Living: Holland, MI vs Beverly, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Holland | Beverly |
|---|---|---|
| Housing Index | 85.0 | 125.0 |
| Median Home Price | $212,100 | $647,000 |
| Average Rent (2 BR Apartment) | $1500 | $2400 |
| Average Rent (2 BR House) | $1515 | $2450 |
Housing Comparison: Holland vs Beverly
- The median home price in Beverly is higher at $647,000, compared to $212,100 in Holland.
- In Beverly, the rental for a two-bedroom apartment stands at $2,400, while it is $1,500 in Holland.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Holland | Beverly |
|---|---|---|
| Electricity Price | $19.88 | $28.15 |
| Natural Gas Price | $15.42 | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Holland vs Beverly
- Beverly has higher electricity costs at $28.15 per kWh, versus $19.88 in Holland.
- Beverly experiences higher natural gas costs at $21.62 per unit, with costs at $15.42 in Holland.
- Utility expenses are equal in both Holland and Beverly averaging $250.