Cost of Living: Schenectady, NY vs Waltham, MA

Housing

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

Metric Schenectady Waltham
Housing Index 115.0 130.0
Median Home Price $247,000 $575,000
Average Rent (2 BR Apartment) $1600 $2500
Average Rent (2 BR House) $1650 $2557

Housing Comparison: Schenectady vs Waltham

  • The median home price in Waltham is higher at $575,000, compared to $247,000 in Schenectady.
  • In Waltham, the rental for a two-bedroom apartment stands at $2,500, while it is $1,600 in Schenectady.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Schenectady Waltham
Electricity Price $26.08 $28.15
Natural Gas Price $18.13 $21.62
Other Utilities $250 $300

Utilities Comparison: Schenectady vs Waltham

  • Waltham has higher electricity costs at $28.15 per kWh, versus $26.08 in Schenectady.
  • Waltham experiences higher natural gas costs at $21.62 per unit, with costs at $18.13 in Schenectady.
  • Waltham has higher utility expenses, averaging $300, while Schenectady averages $250.