Cost of Living: Rensselaer, NY vs Cambridge, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rensselaer | Cambridge |
|---|---|---|
| Housing Index | Data is updating | 150.0 |
| Median Home Price | $220,000 | $769,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $3000 |
| Average Rent (2 BR House) | $Data is updating | $3120 |
Housing Comparison: Rensselaer vs Cambridge
- The median home price in Cambridge is higher at $769,000, compared to $220,000 in Rensselaer.
- The rent for a two-bedroom apartment is equal in both Rensselaer and Cambridge at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Rensselaer | Cambridge |
|---|---|---|
| Electricity Price | $26.08 | $28.15 |
| Natural Gas Price | $18.13 | $21.62 |
| Other Utilities | $Data is updating | $200 |
Utilities Comparison: Rensselaer vs Cambridge
- Cambridge has higher electricity costs at $28.15 per kWh, versus $26.08 in Rensselaer.
- Cambridge experiences higher natural gas costs at $21.62 per unit, with costs at $18.13 in Rensselaer.
- Utility expenses are equal in both Rensselaer and Cambridge averaging $0.0.