Cost of Living: Medford, MA vs Winchester, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Medford | Winchester |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $482,000 | $275,000 |
| Average Rent (2 BR Apartment) | $2500 | $Data is updating |
| Average Rent (2 BR House) | $2350 | $Data is updating |
Housing Comparison: Medford vs Winchester
- In Medford, the median home price is higher at $482,000, while in Winchester it is $275,000.
- The rent for a two-bedroom apartment is equal in both Medford and Winchester 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 | Winchester |
|---|---|---|
| Electricity Price | $28.15 | $12.57 |
| Natural Gas Price | $21.62 | $12.35 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Medford vs Winchester
- Electricity costs are higher in Medford at $28.15 per kWh, compared to $12.57 in Winchester.
- Natural gas is more expensive in Medford at $21.62 per unit, while it is cheaper at $12.35 in Winchester.
- Utility expenses are equal in both Medford and Winchester averaging $250.