Cost of Living: Severna park, MD vs Schenectady, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Severna park | Schenectady |
|---|---|---|
| Housing Index | 120.5 | 115.0 |
| Median Home Price | $476,000 | $247,000 |
| Average Rent (2 BR Apartment) | $2200 | $1600 |
| Average Rent (2 BR House) | $2245 | $1650 |
Housing Comparison: Severna park vs Schenectady
- In Severna park, the median home price is higher at $476,000, while in Schenectady it is $247,000.
- Renting a two-bedroom apartment costs more in Severna park at $2,200 than in Schenectady at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Severna park | Schenectady |
|---|---|---|
| Electricity Price | $17.41 | $26.08 |
| Natural Gas Price | $18.44 | $18.13 |
| Other Utilities | $280 | $250 |
Utilities Comparison: Severna park vs Schenectady
- Schenectady has higher electricity costs at $26.08 per kWh, versus $17.41 in Severna park.
- Natural gas is more expensive in Severna park at $18.44 per unit, while it is cheaper at $18.13 in Schenectady.
- Other utility costs are higher in Severna park at an average of $280, compared to Schenectady with $250.