Cost of Living: Peabody, MA vs Paramount, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Peabody | Paramount |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $463,000 | $589,000 |
| Average Rent (2 BR Apartment) | $2300 | $Data is updating |
| Average Rent (2 BR House) | $2400 | $Data is updating |
Housing Comparison: Peabody vs Paramount
- The median home price in Paramount is higher at $589,000, compared to $463,000 in Peabody.
- The rent for a two-bedroom apartment is equal in both Peabody and Paramount 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 | Paramount |
|---|---|---|
| Electricity Price | $28.15 | $32.99 |
| Natural Gas Price | $21.62 | $16.99 |
| Other Utilities | $280 | $Data is updating |
Utilities Comparison: Peabody vs Paramount
- Paramount has higher electricity costs at $32.99 per kWh, versus $28.15 in Peabody.
- Natural gas is more expensive in Peabody at $21.62 per unit, while it is cheaper at $16.99 in Paramount.
- Utility expenses are equal in both Peabody and Paramount averaging $280.