Cost of Living: Greenbelt, MD vs Vero beach, FL

Housing

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

Metric Greenbelt Vero beach
Housing Index 115.0 115.0
Median Home Price $440,000 $280,000
Average Rent (2 BR Apartment) $2000 $1800
Average Rent (2 BR House) $2060 $1840

Housing Comparison: Greenbelt vs Vero beach

  • In Greenbelt, the median home price is higher at $440,000, while in Vero beach it is $280,000.
  • Renting a two-bedroom apartment costs more in Greenbelt at $2,000 than in Vero beach at $1,800.

Utilities

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

Metric Greenbelt Vero beach
Electricity Price $17.41 $13.89
Natural Gas Price $18.44 $26.13
Other Utilities $250 $250

Utilities Comparison: Greenbelt vs Vero beach

  • Electricity costs are higher in Greenbelt at $17.41 per kWh, compared to $13.89 in Vero beach.
  • Vero beach experiences higher natural gas costs at $26.13 per unit, with costs at $18.44 in Greenbelt.
  • Utility expenses are equal in both Greenbelt and Vero beach averaging $250.