Cost of Living: Baltimore, MD vs Orem, UT

Housing

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

Metric Baltimore Orem
Housing Index 125.0 110.0
Median Home Price $288,000 $465,000
Average Rent (2 BR Apartment) $2200 $1600
Average Rent (2 BR House) $2240 $1640

Housing Comparison: Baltimore vs Orem

  • The median home price in Orem is higher at $465,000, compared to $288,000 in Baltimore.
  • Renting a two-bedroom apartment costs more in Baltimore at $2,200 than in Orem 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 Baltimore Orem
Electricity Price $17.41 $11.5
Natural Gas Price $18.44 $14
Other Utilities $250 $250

Utilities Comparison: Baltimore vs Orem

  • Electricity costs are higher in Baltimore at $17.41 per kWh, compared to $11.5 in Orem.
  • Natural gas is more expensive in Baltimore at $18.44 per unit, while it is cheaper at $14 in Orem.
  • Utility expenses are equal in both Baltimore and Orem averaging $250.