Cost of Living: Detroit, MI vs Randallstown, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Detroit | Randallstown |
|---|---|---|
| Housing Index | 72.0 | Data is updating |
| Median Home Price | $100,000 | $335,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Detroit vs Randallstown
- The median home price in Randallstown is higher at $335,000, compared to $100,000 in Detroit.
- The rent for a two-bedroom apartment is equal in both Detroit and Randallstown 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 | Detroit | Randallstown |
|---|---|---|
| Electricity Price | $19.88 | $17.41 |
| Natural Gas Price | $15.42 | $18.44 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Detroit vs Randallstown
- Electricity costs are higher in Detroit at $19.88 per kWh, compared to $17.41 in Randallstown.
- Randallstown experiences higher natural gas costs at $18.44 per unit, with costs at $15.42 in Detroit.
- Utility expenses are equal in both Detroit and Randallstown averaging $200.