Cost of Living: Newton, MA vs Riceville, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newton | Riceville |
|---|---|---|
| Housing Index | 140.0 | Data is updating |
| Median Home Price | $1,449,000 | $100,000 |
| Average Rent (2 BR Apartment) | $3100 | $Data is updating |
| Average Rent (2 BR House) | $3200 | $Data is updating |
Housing Comparison: Newton vs Riceville
- In Newton, the median home price is higher at $1,449,000, while in Riceville it is $100,000.
- The rent for a two-bedroom apartment is equal in both Newton and Riceville at $3,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newton | Riceville |
|---|---|---|
| Electricity Price | $28.15 | $14.82 |
| Natural Gas Price | $21.62 | $15.61 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Newton vs Riceville
- Electricity costs are higher in Newton at $28.15 per kWh, compared to $14.82 in Riceville.
- Natural gas is more expensive in Newton at $21.62 per unit, while it is cheaper at $15.61 in Riceville.
- Utility expenses are equal in both Newton and Riceville averaging $250.