Cost of Living: Medford, MA vs Dewey, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Medford | Dewey |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $482,000 | $150,000 |
| Average Rent (2 BR Apartment) | $2500 | $800 |
| Average Rent (2 BR House) | $2350 | $850 |
Housing Comparison: Medford vs Dewey
- In Medford, the median home price is higher at $482,000, while in Dewey it is $150,000.
- In Dewey, the rental for a two-bedroom apartment stands at $800, 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 | Dewey |
|---|---|---|
| Electricity Price | $28.15 | $12.37 |
| Natural Gas Price | $21.62 | $20.27 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Medford vs Dewey
- Electricity costs are higher in Medford at $28.15 per kWh, compared to $12.37 in Dewey.
- Natural gas is more expensive in Medford at $21.62 per unit, while it is cheaper at $20.27 in Dewey.
- Other utility costs are higher in Medford at an average of $250, compared to Dewey with $200.