Cost of Living: Greenbelt, MD vs Lockwood, MO
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Greenbelt | Lockwood |
---|---|---|
Housing Index | 115.0 | 85.0 |
Median Home Price | $440,000 | $162,500 |
Average Rent (2 BR Apartment) | $2000 | $1200 |
Average Rent (2 BR House) | $2060 | $1240 |
Housing Comparison: Greenbelt vs Lockwood
- In Greenbelt, the median home price is higher at $440,000, while in Lockwood it is $162,500.
- Renting a two-bedroom apartment costs more in Greenbelt at $2,000 than in Lockwood 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 | Lockwood |
---|---|---|
Electricity Price | $17.41 | $14.64 |
Natural Gas Price | $18.44 | $23.25 |
Other Utilities | $250 | $150 |
Utilities Comparison: Greenbelt vs Lockwood
- Electricity costs are higher in Greenbelt at $17.41 per kWh, compared to $14.64 in Lockwood.
- Lockwood experiences higher natural gas costs at $23.25 per unit, with costs at $18.44 in Greenbelt.
- Other utility costs are higher in Greenbelt at an average of $250, compared to Lockwood with $150.