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.