Cost of Living: Springfield, MA vs Glencoe, KY
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Springfield | Glencoe |
---|---|---|
Housing Index | 120.0 | Data is updating |
Median Home Price | $287,000 | $235,000 |
Average Rent (2 BR Apartment) | $1800 | $Data is updating |
Average Rent (2 BR House) | $1840 | $Data is updating |
Housing Comparison: Springfield vs Glencoe
- In Springfield, the median home price is higher at $287,000, while in Glencoe it is $235,000.
- The rent for a two-bedroom apartment is equal in both Springfield and Glencoe at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Springfield | Glencoe |
---|---|---|
Electricity Price | $28.15 | $12.87 |
Natural Gas Price | $21.62 | $22.78 |
Other Utilities | $250 | $Data is updating |
Utilities Comparison: Springfield vs Glencoe
- Electricity costs are higher in Springfield at $28.15 per kWh, compared to $12.87 in Glencoe.
- Glencoe experiences higher natural gas costs at $22.78 per unit, with costs at $21.62 in Springfield.
- Utility expenses are equal in both Springfield and Glencoe averaging $250.