Cost of Living: Valley, AL vs Cambridge, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Valley | Cambridge |
|---|---|---|
| Housing Index | 70.0 | 150.0 |
| Median Home Price | $203,000 | $769,000 |
| Average Rent (2 BR Apartment) | $800 | $3000 |
| Average Rent (2 BR House) | $850 | $3120 |
Housing Comparison: Valley vs Cambridge
- The median home price in Cambridge is higher at $769,000, compared to $203,000 in Valley.
- Renting a two-bedroom apartment costs more in Valley at $800 than in Cambridge at $3,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Valley | Cambridge |
|---|---|---|
| Electricity Price | $15.03 | $28.15 |
| Natural Gas Price | $21.76 | $21.62 |
| Other Utilities | $180 | $200 |
Utilities Comparison: Valley vs Cambridge
- Cambridge has higher electricity costs at $28.15 per kWh, versus $15.03 in Valley.
- Natural gas is more expensive in Valley at $21.76 per unit, while it is cheaper at $21.62 in Cambridge.
- Cambridge has higher utility expenses, averaging $200, while Valley averages $180.