Cost of Living: Medford, MA vs Renton, WA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Medford | Renton |
|---|---|---|
| Housing Index | 120.0 | 125.0 |
| Median Home Price | $482,000 | $667,000 |
| Average Rent (2 BR Apartment) | $2500 | $2300 |
| Average Rent (2 BR House) | $2350 | $2400 |
Housing Comparison: Medford vs Renton
- The median home price in Renton is higher at $667,000, compared to $482,000 in Medford.
- Renting a two-bedroom apartment costs more in Medford at $2,500 than in Renton 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 | Renton |
|---|---|---|
| Electricity Price | $28.15 | $12.34 |
| Natural Gas Price | $21.62 | $18.14 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Medford vs Renton
- Electricity costs are higher in Medford at $28.15 per kWh, compared to $12.34 in Renton.
- Natural gas is more expensive in Medford at $21.62 per unit, while it is cheaper at $18.14 in Renton.
- Utility expenses are equal in both Medford and Renton averaging $250.