Cost of Living: Greenbelt, MD vs Henderson, TN

Housing

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

Metric Greenbelt Henderson
Housing Index 115.0 90.0
Median Home Price $440,000 $245,000
Average Rent (2 BR Apartment) $2000 $1200
Average Rent (2 BR House) $2060 $1200

Housing Comparison: Greenbelt vs Henderson

  • In Greenbelt, the median home price is higher at $440,000, while in Henderson it is $245,000.
  • Renting a two-bedroom apartment costs more in Greenbelt at $2,000 than in Henderson 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 Greenbelt Henderson
Electricity Price $17.41 $12.57
Natural Gas Price $18.44 $12.35
Other Utilities $250 $200

Utilities Comparison: Greenbelt vs Henderson

  • Electricity costs are higher in Greenbelt at $17.41 per kWh, compared to $12.57 in Henderson.
  • Natural gas is more expensive in Greenbelt at $18.44 per unit, while it is cheaper at $12.35 in Henderson.
  • Other utility costs are higher in Greenbelt at an average of $250, compared to Henderson with $200.