Cost of Living: Rising star, TX vs Rumford, ME
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rising star | Rumford |
|---|---|---|
| Housing Index | 90.0 | 85.2 |
| Median Home Price | $230,000 | $210,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1360 |
Housing Comparison: Rising star vs Rumford
- In Rising star, the median home price is higher at $230,000, while in Rumford it is $210,000.
- The rent for a two-bedroom apartment is equal in both Rising star and Rumford at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Rising star | Rumford |
|---|---|---|
| Electricity Price | $14.47 | $22.26 |
| Natural Gas Price | $26.29 | $21.63 |
| Other Utilities | $200 | $220 |
Utilities Comparison: Rising star vs Rumford
- Rumford has higher electricity costs at $22.26 per kWh, versus $14.47 in Rising star.
- Natural gas is more expensive in Rising star at $26.29 per unit, while it is cheaper at $21.63 in Rumford.
- Rumford has higher utility expenses, averaging $220, while Rising star averages $200.