Cost of Living: Redfield, IA vs Springfield, MA

Housing

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

Metric Redfield Springfield
Housing Index 85.0 120.0
Median Home Price $185,000 $287,000
Average Rent (2 BR Apartment) $800 $1800
Average Rent (2 BR House) $960 $1840

Housing Comparison: Redfield vs Springfield

  • The median home price in Springfield is higher at $287,000, compared to $185,000 in Redfield.
  • Renting a two-bedroom apartment costs more in Redfield at $800 than in Springfield 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 Redfield Springfield
Electricity Price $14.82 $28.15
Natural Gas Price $15.61 $21.62
Other Utilities $200 $250

Utilities Comparison: Redfield vs Springfield

  • Springfield has higher electricity costs at $28.15 per kWh, versus $14.82 in Redfield.
  • Springfield experiences higher natural gas costs at $21.62 per unit, with costs at $15.61 in Redfield.
  • Springfield has higher utility expenses, averaging $250, while Redfield averages $200.