Cost of Living: Portsmouth, NH vs Beverly, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Portsmouth | Beverly |
|---|---|---|
| Housing Index | 120.8 | 125.0 |
| Median Home Price | $425,000 | $647,000 |
| Average Rent (2 BR Apartment) | $2200 | $2400 |
| Average Rent (2 BR House) | $2272 | $2450 |
Housing Comparison: Portsmouth vs Beverly
- The median home price in Beverly is higher at $647,000, compared to $425,000 in Portsmouth.
- In Beverly, the rental for a two-bedroom apartment stands at $2,400, while it is $2,200 in Portsmouth.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Portsmouth | Beverly |
|---|---|---|
| Electricity Price | $22.44 | $28.15 |
| Natural Gas Price | $17.58 | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Portsmouth vs Beverly
- Beverly has higher electricity costs at $28.15 per kWh, versus $22.44 in Portsmouth.
- Beverly experiences higher natural gas costs at $21.62 per unit, with costs at $17.58 in Portsmouth.
- Utility expenses are equal in both Portsmouth and Beverly averaging $250.