Cost of Living: Greenbelt, MD vs Cave creek, AZ

Housing

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

Metric Greenbelt Cave creek
Housing Index 115.0 120.0
Median Home Price $440,000 $668,000
Average Rent (2 BR Apartment) $2000 $2000
Average Rent (2 BR House) $2060 $2045

Housing Comparison: Greenbelt vs Cave creek

  • The median home price in Cave creek is higher at $668,000, compared to $440,000 in Greenbelt.
  • The rent for a two-bedroom apartment is equal in both Greenbelt and Cave creek at $2,000.

Utilities

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

Metric Greenbelt Cave creek
Electricity Price $17.41 $15.14
Natural Gas Price $18.44 $23.51
Other Utilities $250 $250

Utilities Comparison: Greenbelt vs Cave creek

  • Electricity costs are higher in Greenbelt at $17.41 per kWh, compared to $15.14 in Cave creek.
  • Cave creek experiences higher natural gas costs at $23.51 per unit, with costs at $18.44 in Greenbelt.
  • Utility expenses are equal in both Greenbelt and Cave creek averaging $250.