Cost of Living: Peabody, MA vs West warwick, RI

Housing

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

Metric Peabody West warwick
Housing Index 120.0 120.0
Median Home Price $463,000 $250,000
Average Rent (2 BR Apartment) $2300 $1800
Average Rent (2 BR House) $2400 $1856

Housing Comparison: Peabody vs West warwick

  • In Peabody, the median home price is higher at $463,000, while in West warwick it is $250,000.
  • Renting a two-bedroom apartment costs more in Peabody at $2,300 than in West warwick at $1,800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Peabody West warwick
Electricity Price $28.15 $27.03
Natural Gas Price $21.62 $21.52
Other Utilities $280 $250

Utilities Comparison: Peabody vs West warwick

  • Electricity costs are higher in Peabody at $28.15 per kWh, compared to $27.03 in West warwick.
  • Natural gas is more expensive in Peabody at $21.62 per unit, while it is cheaper at $21.52 in West warwick.
  • Other utility costs are higher in Peabody at an average of $280, compared to West warwick with $250.