Cost of Living: Albany, OR vs Jessup, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albany | Jessup |
|---|---|---|
| Housing Index | 98.0 | Data is updating |
| Median Home Price | $315,000 | $471,000 |
| Average Rent (2 BR Apartment) | $1400 | $Data is updating |
| Average Rent (2 BR House) | $1440 | $Data is updating |
Housing Comparison: Albany vs Jessup
- The median home price in Jessup is higher at $471,000, compared to $315,000 in Albany.
- The rent for a two-bedroom apartment is equal in both Albany and Jessup at $1,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Albany | Jessup |
|---|---|---|
| Electricity Price | $15.12 | $17.41 |
| Natural Gas Price | $16.5 | $18.44 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Albany vs Jessup
- Jessup has higher electricity costs at $17.41 per kWh, versus $15.12 in Albany.
- Jessup experiences higher natural gas costs at $18.44 per unit, with costs at $16.5 in Albany.
- Utility expenses are equal in both Albany and Jessup averaging $250.