Cost of Living: Caldwell, ID vs Essex, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Caldwell | Essex |
|---|---|---|
| Housing Index | 99.5 | Data is updating |
| Median Home Price | $360,000 | $351,000 |
| Average Rent (2 BR Apartment) | $1500 | $Data is updating |
| Average Rent (2 BR House) | $1596 | $Data is updating |
Housing Comparison: Caldwell vs Essex
- In Caldwell, the median home price is higher at $360,000, while in Essex it is $351,000.
- The rent for a two-bedroom apartment is equal in both Caldwell and Essex at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Caldwell | Essex |
|---|---|---|
| Electricity Price | $12.28 | $17.41 |
| Natural Gas Price | $9.87 | $18.44 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Caldwell vs Essex
- Essex has higher electricity costs at $17.41 per kWh, versus $12.28 in Caldwell.
- Natural gas is more expensive in Caldwell at $9.87 per unit, while it is cheaper at $18.44 in Essex.
- Utility expenses are equal in both Caldwell and Essex averaging $250.