Cost of Living: Baltimore, MD vs Lexington, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Baltimore | Lexington |
|---|---|---|
| Housing Index | 125.0 | 85.0 |
| Median Home Price | $288,000 | $166,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2240 | $1300 |
Housing Comparison: Baltimore vs Lexington
- In Baltimore, the median home price is higher at $288,000, while in Lexington it is $166,000.
- Renting a two-bedroom apartment costs more in Baltimore at $2,200 than in Lexington 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 | Baltimore | Lexington |
|---|---|---|
| Electricity Price | $17.41 | $13.72 |
| Natural Gas Price | $18.44 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Baltimore vs Lexington
- Electricity costs are higher in Baltimore at $17.41 per kWh, compared to $13.72 in Lexington.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Baltimore and Lexington averaging $250.