Cost of Living: Leominster, MA vs Providence, RI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Leominster | Providence |
|---|---|---|
| Housing Index | 120.0 | 125.0 |
| Median Home Price | $352,000 | $335,000 |
| Average Rent (2 BR Apartment) | $1800 | $2200 |
| Average Rent (2 BR House) | $1840 | $2240 |
Housing Comparison: Leominster vs Providence
- In Leominster, the median home price is higher at $352,000, while in Providence it is $335,000.
- In Providence, the rental for a two-bedroom apartment stands at $2,200, while it is $1,800 in Leominster.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Leominster | Providence |
|---|---|---|
| Electricity Price | $28.15 | $27.03 |
| Natural Gas Price | $21.62 | $21.52 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Leominster vs Providence
- Electricity costs are higher in Leominster at $28.15 per kWh, compared to $27.03 in Providence.
- Natural gas is more expensive in Leominster at $21.62 per unit, while it is cheaper at $21.52 in Providence.
- Utility expenses are equal in both Leominster and Providence averaging $250.