Cost of Living: Peabody, MA vs Owensboro, KY

Housing

The housing market plays a significant role in determining the cost of living.

Metric Peabody Owensboro
Housing Index 120.0 Data is updating
Median Home Price $463,000 $185,000
Average Rent (2 BR Apartment) $2300 $Data is updating
Average Rent (2 BR House) $2400 $Data is updating

Housing Comparison: Peabody vs Owensboro

  • In Peabody, the median home price is higher at $463,000, while in Owensboro it is $185,000.
  • The rent for a two-bedroom apartment is equal in both Peabody and Owensboro 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 Owensboro
Electricity Price $28.15 $12.87
Natural Gas Price $21.62 $22.78
Other Utilities $280 $Data is updating

Utilities Comparison: Peabody vs Owensboro

  • Electricity costs are higher in Peabody at $28.15 per kWh, compared to $12.87 in Owensboro.
  • Owensboro experiences higher natural gas costs at $22.78 per unit, with costs at $21.62 in Peabody.
  • Utility expenses are equal in both Peabody and Owensboro averaging $280.