Cost of Living: Falmouth, MA vs Jessup, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Falmouth | Jessup |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $723,000 | $471,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Falmouth vs Jessup
- In Falmouth, the median home price is higher at $723,000, while in Jessup it is $471,000.
- The rent for a two-bedroom apartment is equal in both Falmouth and Jessup at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Falmouth | Jessup |
|---|---|---|
| Electricity Price | $28.15 | $17.41 |
| Natural Gas Price | $21.62 | $18.44 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Falmouth vs Jessup
- Electricity costs are higher in Falmouth at $28.15 per kWh, compared to $17.41 in Jessup.
- Natural gas is more expensive in Falmouth at $21.62 per unit, while it is cheaper at $18.44 in Jessup.
- Utility expenses are equal in both Falmouth and Jessup averaging $0.0.