Cost of Living: Philadelphia, PA vs Lawrence, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Philadelphia | Lawrence |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $285,000 | $375,000 |
| Average Rent (2 BR Apartment) | $2100 | $Data is updating |
| Average Rent (2 BR House) | $2150 | $Data is updating |
Housing Comparison: Philadelphia vs Lawrence
- The median home price in Lawrence is higher at $375,000, compared to $285,000 in Philadelphia.
- The rent for a two-bedroom apartment is equal in both Philadelphia and Lawrence at $2,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Philadelphia | Lawrence |
|---|---|---|
| Electricity Price | $17.68 | $28.15 |
| Natural Gas Price | $17.61 | $21.62 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Philadelphia vs Lawrence
- Lawrence has higher electricity costs at $28.15 per kWh, versus $17.68 in Philadelphia.
- Lawrence experiences higher natural gas costs at $21.62 per unit, with costs at $17.61 in Philadelphia.
- Utility expenses are equal in both Philadelphia and Lawrence averaging $250.