Cost of Living: Russellville, KY vs Newton, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Russellville | Newton |
|---|---|---|
| Housing Index | 85.0 | 140.0 |
| Median Home Price | $166,000 | $1,449,000 |
| Average Rent (2 BR Apartment) | $1175 | $3100 |
| Average Rent (2 BR House) | $1200 | $3200 |
Housing Comparison: Russellville vs Newton
- The median home price in Newton is higher at $1,449,000, compared to $166,000 in Russellville.
- In Newton, the rental for a two-bedroom apartment stands at $3,100, while it is $1,175 in Russellville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Russellville | Newton |
|---|---|---|
| Electricity Price | $12.87 | $28.15 |
| Natural Gas Price | $22.78 | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Russellville vs Newton
- Newton has higher electricity costs at $28.15 per kWh, versus $12.87 in Russellville.
- Natural gas is more expensive in Russellville at $22.78 per unit, while it is cheaper at $21.62 in Newton.
- Utility expenses are equal in both Russellville and Newton averaging $250.