Cost of Living: New iberia, LA vs Revere, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New iberia | Revere |
|---|---|---|
| Housing Index | 90.0 | 120.0 |
| Median Home Price | $155,000 | $451,000 |
| Average Rent (2 BR Apartment) | $1200 | $2600 |
| Average Rent (2 BR House) | $1280 | $2700 |
Housing Comparison: New iberia vs Revere
- The median home price in Revere is higher at $451,000, compared to $155,000 in New iberia.
- In Revere, the rental for a two-bedroom apartment stands at $2,600, while it is $1,200 in New iberia.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | New iberia | Revere |
|---|---|---|
| Electricity Price | $11.42 | $28.15 |
| Natural Gas Price | $19.48 | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: New iberia vs Revere
- Revere has higher electricity costs at $28.15 per kWh, versus $11.42 in New iberia.
- Revere experiences higher natural gas costs at $21.62 per unit, with costs at $19.48 in New iberia.
- Utility expenses are equal in both New iberia and Revere averaging $250.