Cost of Living: Prescott, AZ vs Leominster, MA

Housing

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

Metric Prescott Leominster
Housing Index 110.0 120.0
Median Home Price $531,000 $352,000
Average Rent (2 BR Apartment) $1800 $1800
Average Rent (2 BR House) $1840 $1840

Housing Comparison: Prescott vs Leominster

  • In Prescott, the median home price is higher at $531,000, while in Leominster it is $352,000.
  • The rent for a two-bedroom apartment is equal in both Prescott and Leominster 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 Prescott Leominster
Electricity Price $15.14 $28.15
Natural Gas Price $23.51 $21.62
Other Utilities $250 $250

Utilities Comparison: Prescott vs Leominster

  • Leominster has higher electricity costs at $28.15 per kWh, versus $15.14 in Prescott.
  • Natural gas is more expensive in Prescott at $23.51 per unit, while it is cheaper at $21.62 in Leominster.
  • Utility expenses are equal in both Prescott and Leominster averaging $250.