Cost of Living: Springfield, MA vs Mooresville, NC

Housing

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

Metric Springfield Mooresville
Housing Index 120.0 110.0
Median Home Price $287,000 $349,000
Average Rent (2 BR Apartment) $1800 $1800
Average Rent (2 BR House) $1840 $1840

Housing Comparison: Springfield vs Mooresville

  • The median home price in Mooresville is higher at $349,000, compared to $287,000 in Springfield.
  • The rent for a two-bedroom apartment is equal in both Springfield and Mooresville 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 Mooresville
Electricity Price $28.15 $13.72
Natural Gas Price $21.62 $Data is updating
Other Utilities $250 $250

Utilities Comparison: Springfield vs Mooresville

  • Electricity costs are higher in Springfield at $28.15 per kWh, compared to $13.72 in Mooresville.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Springfield and Mooresville averaging $250.