Cost of Living: Nashville, TN vs Medford, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Nashville | Medford |
|---|---|---|
| Housing Index | 110.0 | 120.0 |
| Median Home Price | $376,200 | $482,000 |
| Average Rent (2 BR Apartment) | $1800 | $2500 |
| Average Rent (2 BR House) | $1840 | $2350 |
Housing Comparison: Nashville vs Medford
- The median home price in Medford is higher at $482,000, compared to $376,200 in Nashville.
- In Medford, the rental for a two-bedroom apartment stands at $2,500, while it is $1,800 in Nashville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Nashville | Medford |
|---|---|---|
| Electricity Price | $12.57 | $28.15 |
| Natural Gas Price | $12.35 | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Nashville vs Medford
- Medford has higher electricity costs at $28.15 per kWh, versus $12.57 in Nashville.
- Medford experiences higher natural gas costs at $21.62 per unit, with costs at $12.35 in Nashville.
- Utility expenses are equal in both Nashville and Medford averaging $250.