Cost of Living: Portsmouth, NH vs South portland, ME
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Portsmouth | South portland |
|---|---|---|
| Housing Index | 120.8 | 110.0 |
| Median Home Price | $425,000 | $308,000 |
| Average Rent (2 BR Apartment) | $2200 | $1900 |
| Average Rent (2 BR House) | $2272 | $1975 |
Housing Comparison: Portsmouth vs South portland
- In Portsmouth, the median home price is higher at $425,000, while in South portland it is $308,000.
- Renting a two-bedroom apartment costs more in Portsmouth at $2,200 than in South portland at $1,900.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Portsmouth | South portland |
|---|---|---|
| Electricity Price | $22.44 | $22.26 |
| Natural Gas Price | $17.58 | $21.63 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Portsmouth vs South portland
- Electricity costs are higher in Portsmouth at $22.44 per kWh, compared to $22.26 in South portland.
- South portland experiences higher natural gas costs at $21.63 per unit, with costs at $17.58 in Portsmouth.
- Utility expenses are equal in both Portsmouth and South portland averaging $250.