Cost of Living: Fayetteville, NC vs Severn, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fayetteville | Severn |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $264,000 | $441,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Fayetteville vs Severn
- The median home price in Severn is higher at $441,000, compared to $264,000 in Fayetteville.
- The rent for a two-bedroom apartment is equal in both Fayetteville and Severn 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 | Fayetteville | Severn |
|---|---|---|
| Electricity Price | $13.72 | $17.41 |
| Natural Gas Price | $Data is updating | $18.44 |
| Other Utilities | $150 | $Data is updating |
Utilities Comparison: Fayetteville vs Severn
- Severn has higher electricity costs at $17.41 per kWh, versus $13.72 in Fayetteville.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Fayetteville and Severn averaging $150.