Cost of Living: Medford, MA vs Midland, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Medford | Midland |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $482,000 | $345,000 |
| Average Rent (2 BR Apartment) | $2500 | $1200 |
| Average Rent (2 BR House) | $2350 | $1270 |
Housing Comparison: Medford vs Midland
- In Medford, the median home price is higher at $482,000, while in Midland it is $345,000.
- Renting a two-bedroom apartment costs more in Medford at $2,500 than in Midland 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 | Midland |
|---|---|---|
| Electricity Price | $28.15 | $14.47 |
| Natural Gas Price | $21.62 | $26.29 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Medford vs Midland
- Electricity costs are higher in Medford at $28.15 per kWh, compared to $14.47 in Midland.
- Midland experiences higher natural gas costs at $26.29 per unit, with costs at $21.62 in Medford.
- Other utility costs are higher in Medford at an average of $250, compared to Midland with $200.