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.