Cost of Living: Medford, MA vs Dike, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Medford | Dike |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $482,000 | $150,000 |
| Average Rent (2 BR Apartment) | $2500 | $Data is updating |
| Average Rent (2 BR House) | $2350 | $Data is updating |
Housing Comparison: Medford vs Dike
- In Medford, the median home price is higher at $482,000, while in Dike it is $150,000.
- The rent for a two-bedroom apartment is equal in both Medford and Dike at $2,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Medford | Dike |
|---|---|---|
| Electricity Price | $28.15 | $14.47 |
| Natural Gas Price | $21.62 | $26.29 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Medford vs Dike
- Electricity costs are higher in Medford at $28.15 per kWh, compared to $14.47 in Dike.
- Dike experiences higher natural gas costs at $26.29 per unit, with costs at $21.62 in Medford.
- Utility expenses are equal in both Medford and Dike averaging $250.