Cost of Living: Methuen, MA vs Addison, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Methuen | Addison |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $491,000 | $199,000 |
| Average Rent (2 BR Apartment) | $2300 | $Data is updating |
| Average Rent (2 BR House) | $2400 | $Data is updating |
Housing Comparison: Methuen vs Addison
- In Methuen, the median home price is higher at $491,000, while in Addison it is $199,000.
- The rent for a two-bedroom apartment is equal in both Methuen and Addison 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 | Methuen | Addison |
|---|---|---|
| Electricity Price | $28.15 | $15.03 |
| Natural Gas Price | $21.62 | $21.76 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Methuen vs Addison
- Electricity costs are higher in Methuen at $28.15 per kWh, compared to $15.03 in Addison.
- Addison experiences higher natural gas costs at $21.76 per unit, with costs at $21.62 in Methuen.
- Utility expenses are equal in both Methuen and Addison averaging $250.