Cost of Living: Peabody, MA vs New haven, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Peabody | New haven |
|---|---|---|
| Housing Index | 120.0 | 120.5 |
| Median Home Price | $463,000 | $334,000 |
| Average Rent (2 BR Apartment) | $2300 | $2200 |
| Average Rent (2 BR House) | $2400 | $2240 |
Housing Comparison: Peabody vs New haven
- In Peabody, the median home price is higher at $463,000, while in New haven it is $334,000.
- Renting a two-bedroom apartment costs more in Peabody at $2,300 than in New haven at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Peabody | New haven |
|---|---|---|
| Electricity Price | $28.15 | $26 |
| Natural Gas Price | $21.62 | $Data is updating |
| Other Utilities | $280 | $250 |
Utilities Comparison: Peabody vs New haven
- Electricity costs are higher in Peabody at $28.15 per kWh, compared to $26 in New haven.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Peabody at an average of $280, compared to New haven with $250.