Cost of Living: Denver, CO vs Cambridge, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Denver | Cambridge |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $631,000 | $265,000 |
| Average Rent (2 BR Apartment) | $2400 | $Data is updating |
| Average Rent (2 BR House) | $2480 | $Data is updating |
Housing Comparison: Denver vs Cambridge
- In Denver, the median home price is higher at $631,000, while in Cambridge it is $265,000.
- The rent for a two-bedroom apartment is equal in both Denver and Cambridge at $2,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Denver | Cambridge |
|---|---|---|
| Electricity Price | $15.21 | $17.41 |
| Natural Gas Price | $11.3 | $18.44 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Denver vs Cambridge
- Cambridge has higher electricity costs at $17.41 per kWh, versus $15.21 in Denver.
- Cambridge experiences higher natural gas costs at $18.44 per unit, with costs at $11.3 in Denver.
- Utility expenses are equal in both Denver and Cambridge averaging $250.