Cost of Living: Lowell, MA vs Larchmont, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lowell | Larchmont |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $513,000 | $1,075,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Lowell vs Larchmont
- The median home price in Larchmont is higher at $1,075,000, compared to $513,000 in Lowell.
- The rent for a two-bedroom apartment is equal in both Lowell and Larchmont at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lowell | Larchmont |
|---|---|---|
| Electricity Price | $28.15 | $26.08 |
| Natural Gas Price | $21.62 | $18.13 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Lowell vs Larchmont
- Electricity costs are higher in Lowell at $28.15 per kWh, compared to $26.08 in Larchmont.
- Natural gas is more expensive in Lowell at $21.62 per unit, while it is cheaper at $18.13 in Larchmont.
- Utility expenses are equal in both Lowell and Larchmont averaging $0.0.