Cost of Living: Flower mound, TX vs Faulkner, MD

Housing

The housing market plays a significant role in determining the cost of living.

Metric Flower mound Faulkner
Housing Index 120.0 Data is updating
Median Home Price $515,000 $420,000
Average Rent (2 BR Apartment) $2100 $Data is updating
Average Rent (2 BR House) $2040 $Data is updating

Housing Comparison: Flower mound vs Faulkner

  • In Flower mound, the median home price is higher at $515,000, while in Faulkner it is $420,000.
  • The rent for a two-bedroom apartment is equal in both Flower mound and Faulkner at $2,100.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Flower mound Faulkner
Electricity Price $14.47 $17.41
Natural Gas Price $26.29 $18.44
Other Utilities $250 $Data is updating

Utilities Comparison: Flower mound vs Faulkner

  • Faulkner has higher electricity costs at $17.41 per kWh, versus $14.47 in Flower mound.
  • Natural gas is more expensive in Flower mound at $26.29 per unit, while it is cheaper at $18.44 in Faulkner.
  • Utility expenses are equal in both Flower mound and Faulkner averaging $250.