Cost of Living: Meridian, ID vs Saco, ME
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Meridian | Saco |
|---|---|---|
| Housing Index | 115.0 | 125.0 |
| Median Home Price | $427,000 | $310,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1940 | $1900 |
Housing Comparison: Meridian vs Saco
- In Meridian, the median home price is higher at $427,000, while in Saco it is $310,000.
- The rent for a two-bedroom apartment is equal in both Meridian and Saco at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Meridian | Saco |
|---|---|---|
| Electricity Price | $12.28 | $22.26 |
| Natural Gas Price | $9.87 | $21.63 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Meridian vs Saco
- Saco has higher electricity costs at $22.26 per kWh, versus $12.28 in Meridian.
- Natural gas is more expensive in Meridian at $9.87 per unit, while it is cheaper at $21.63 in Saco.
- Utility expenses are equal in both Meridian and Saco averaging $250.