Cost of Living: Springfield, MA vs Gatesville, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springfield | Gatesville |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $287,000 | $230,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1352 |
Housing Comparison: Springfield vs Gatesville
- In Springfield, the median home price is higher at $287,000, while in Gatesville it is $230,000.
- Renting a two-bedroom apartment costs more in Springfield at $1,800 than in Gatesville 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 | Springfield | Gatesville |
|---|---|---|
| Electricity Price | $28.15 | $14.47 |
| Natural Gas Price | $21.62 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Springfield vs Gatesville
- Electricity costs are higher in Springfield at $28.15 per kWh, compared to $14.47 in Gatesville.
- Gatesville experiences higher natural gas costs at $26.29 per unit, with costs at $21.62 in Springfield.
- Utility expenses are equal in both Springfield and Gatesville averaging $250.