Cost of Living: Colorado springs, CO vs Baltimore, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Colorado springs | Baltimore |
|---|---|---|
| Housing Index | 110.0 | 125.0 |
| Median Home Price | $499,000 | $288,000 |
| Average Rent (2 BR Apartment) | $1700 | $2200 |
| Average Rent (2 BR House) | $1750 | $2240 |
Housing Comparison: Colorado springs vs Baltimore
- In Colorado springs, the median home price is higher at $499,000, while in Baltimore it is $288,000.
- In Baltimore, the rental for a two-bedroom apartment stands at $2,200, while it is $1,700 in Colorado springs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Colorado springs | Baltimore |
|---|---|---|
| Electricity Price | $15.21 | $17.41 |
| Natural Gas Price | $11.3 | $18.44 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Colorado springs vs Baltimore
- Baltimore has higher electricity costs at $17.41 per kWh, versus $15.21 in Colorado springs.
- Baltimore experiences higher natural gas costs at $18.44 per unit, with costs at $11.3 in Colorado springs.
- Utility expenses are equal in both Colorado springs and Baltimore averaging $250.