Cost of Living: Baltimore, MD vs Forest city, NC

Housing

The housing market plays a significant role in determining the cost of living.

Metric Baltimore Forest city
Housing Index 125.0 85.0
Median Home Price $288,000 $210,000
Average Rent (2 BR Apartment) $2200 $1200
Average Rent (2 BR House) $2240 $1360

Housing Comparison: Baltimore vs Forest city

  • In Baltimore, the median home price is higher at $288,000, while in Forest city it is $210,000.
  • Renting a two-bedroom apartment costs more in Baltimore at $2,200 than in Forest city 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 Forest city
Electricity Price $17.41 $13.72
Natural Gas Price $18.44 $Data is updating
Other Utilities $250 $200

Utilities Comparison: Baltimore vs Forest city

  • Electricity costs are higher in Baltimore at $17.41 per kWh, compared to $13.72 in Forest city.
  • Natural gas price data is currently unavailable.
  • Other utility costs are higher in Baltimore at an average of $250, compared to Forest city with $200.