Cost of Living: Bowie, MD vs Lebanon, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bowie | Lebanon |
|---|---|---|
| Housing Index | 125.0 | 90.0 |
| Median Home Price | $425,000 | $220,000 |
| Average Rent (2 BR Apartment) | $2300 | $1200 |
| Average Rent (2 BR House) | $2330 | $1280 |
Housing Comparison: Bowie vs Lebanon
- In Bowie, the median home price is higher at $425,000, while in Lebanon it is $220,000.
- Renting a two-bedroom apartment costs more in Bowie at $2,300 than in Lebanon 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 | Bowie | Lebanon |
|---|---|---|
| Electricity Price | $17.41 | $14.64 |
| Natural Gas Price | $18.44 | $23.25 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Bowie vs Lebanon
- Electricity costs are higher in Bowie at $17.41 per kWh, compared to $14.64 in Lebanon.
- Lebanon experiences higher natural gas costs at $23.25 per unit, with costs at $18.44 in Bowie.
- Utility expenses are equal in both Bowie and Lebanon averaging $250.