Cost of Living: Medford, MA vs Jupiter, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Medford | Jupiter |
|---|---|---|
| Housing Index | 120.0 | 120.5 |
| Median Home Price | $482,000 | $417,000 |
| Average Rent (2 BR Apartment) | $2500 | $2300 |
| Average Rent (2 BR House) | $2350 | $2400 |
Housing Comparison: Medford vs Jupiter
- In Medford, the median home price is higher at $482,000, while in Jupiter it is $417,000.
- Renting a two-bedroom apartment costs more in Medford at $2,500 than in Jupiter at $2,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Medford | Jupiter |
|---|---|---|
| Electricity Price | $28.15 | $13.89 |
| Natural Gas Price | $21.62 | $26.13 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Medford vs Jupiter
- Electricity costs are higher in Medford at $28.15 per kWh, compared to $13.89 in Jupiter.
- Jupiter experiences higher natural gas costs at $26.13 per unit, with costs at $21.62 in Medford.
- Jupiter has higher utility expenses, averaging $280, while Medford averages $250.