Cost of Living: Peabody, MA vs New london, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Peabody | New london |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $463,000 | $153,000 |
| Average Rent (2 BR Apartment) | $2300 | $Data is updating |
| Average Rent (2 BR House) | $2400 | $Data is updating |
Housing Comparison: Peabody vs New london
- In Peabody, the median home price is higher at $463,000, while in New london it is $153,000.
- The rent for a two-bedroom apartment is equal in both Peabody and New london at $2,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Peabody | New london |
|---|---|---|
| Electricity Price | $28.15 | $15.92 |
| Natural Gas Price | $21.62 | $Data is updating |
| Other Utilities | $280 | $Data is updating |
Utilities Comparison: Peabody vs New london
- Electricity costs are higher in Peabody at $28.15 per kWh, compared to $15.92 in New london.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Peabody and New london averaging $280.