Cost of Living: Methuen, MA vs Lexington, NE
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Methuen | Lexington |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $491,000 | $202,000 |
| Average Rent (2 BR Apartment) | $2300 | $950 |
| Average Rent (2 BR House) | $2400 | $960 |
Housing Comparison: Methuen vs Lexington
- In Methuen, the median home price is higher at $491,000, while in Lexington it is $202,000.
- In Lexington, the rental for a two-bedroom apartment stands at $950, while it is $2,300 in Methuen.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Methuen | Lexington |
|---|---|---|
| Electricity Price | $28.15 | $12.92 |
| Natural Gas Price | $21.62 | $13.89 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Methuen vs Lexington
- Electricity costs are higher in Methuen at $28.15 per kWh, compared to $12.92 in Lexington.
- Natural gas is more expensive in Methuen at $21.62 per unit, while it is cheaper at $13.89 in Lexington.
- Other utility costs are higher in Methuen at an average of $250, compared to Lexington with $200.