Cost of Living: Baltimore, MD vs Hopedale, IL

Housing

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

Metric Baltimore Hopedale
Housing Index 125.0 Data is updating
Median Home Price $288,000 $95,000
Average Rent (2 BR Apartment) $2200 $Data is updating
Average Rent (2 BR House) $2240 $Data is updating

Housing Comparison: Baltimore vs Hopedale

  • In Baltimore, the median home price is higher at $288,000, while in Hopedale it is $95,000.
  • The rent for a two-bedroom apartment is equal in both Baltimore and Hopedale at $2,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Baltimore Hopedale
Electricity Price $17.41 $16.15
Natural Gas Price $18.44 $16.59
Other Utilities $250 $Data is updating

Utilities Comparison: Baltimore vs Hopedale

  • Electricity costs are higher in Baltimore at $17.41 per kWh, compared to $16.15 in Hopedale.
  • Natural gas is more expensive in Baltimore at $18.44 per unit, while it is cheaper at $16.59 in Hopedale.
  • Utility expenses are equal in both Baltimore and Hopedale averaging $250.