Cost of Living: Pikesville, MD vs Cochran, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Pikesville | Cochran |
|---|---|---|
| Housing Index | 120.5 | 85.4 |
| Median Home Price | $375,000 | $166,000 |
| Average Rent (2 BR Apartment) | $2200 | $800 |
| Average Rent (2 BR House) | $2000 | $850 |
Housing Comparison: Pikesville vs Cochran
- In Pikesville, the median home price is higher at $375,000, while in Cochran it is $166,000.
- In Cochran, the rental for a two-bedroom apartment stands at $800, while it is $2,200 in Pikesville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Pikesville | Cochran |
|---|---|---|
| Electricity Price | $17.41 | $15.53 |
| Natural Gas Price | $18.44 | $27.53 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Pikesville vs Cochran
- Electricity costs are higher in Pikesville at $17.41 per kWh, compared to $15.53 in Cochran.
- Cochran experiences higher natural gas costs at $27.53 per unit, with costs at $18.44 in Pikesville.
- Other utility costs are higher in Pikesville at an average of $250, compared to Cochran with $200.