Cost of Living: Medford, MA vs Kings mountain, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Medford | Kings mountain |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $482,000 | $233,000 |
| Average Rent (2 BR Apartment) | $2500 | $1200 |
| Average Rent (2 BR House) | $2350 | $1280 |
Housing Comparison: Medford vs Kings mountain
- In Medford, the median home price is higher at $482,000, while in Kings mountain it is $233,000.
- Renting a two-bedroom apartment costs more in Medford at $2,500 than in Kings mountain at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Medford | Kings mountain |
|---|---|---|
| Electricity Price | $28.15 | $13.72 |
| Natural Gas Price | $21.62 | $Data is updating |
| Other Utilities | $250 | $200 |
Utilities Comparison: Medford vs Kings mountain
- Electricity costs are higher in Medford at $28.15 per kWh, compared to $13.72 in Kings mountain.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Medford at an average of $250, compared to Kings mountain with $200.