Cost of Living: Medford, MA vs Camden, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Medford | Camden |
|---|---|---|
| Housing Index | 120.0 | 75.0 |
| Median Home Price | $482,000 | $148,000 |
| Average Rent (2 BR Apartment) | $2500 | $960 |
| Average Rent (2 BR House) | $2350 | $1024 |
Housing Comparison: Medford vs Camden
- In Medford, the median home price is higher at $482,000, while in Camden it is $148,000.
- In Camden, the rental for a two-bedroom apartment stands at $960, while it is $2,500 in Medford.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Medford | Camden |
|---|---|---|
| Electricity Price | $28.15 | $12.36 |
| Natural Gas Price | $21.62 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Medford vs Camden
- Electricity costs are higher in Medford at $28.15 per kWh, compared to $12.36 in Camden.
- Natural gas is more expensive in Medford at $21.62 per unit, while it is cheaper at $17.08 in Camden.
- Other utility costs are higher in Medford at an average of $250, compared to Camden with $200.