Cost of Living: Hagerstown, MD vs Marshalltown, IA

Housing

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

Metric Hagerstown Marshalltown
Housing Index 110.5 85.0
Median Home Price $193,000 $157,000
Average Rent (2 BR Apartment) $1500 $1200
Average Rent (2 BR House) $1600 $1360

Housing Comparison: Hagerstown vs Marshalltown

  • In Hagerstown, the median home price is higher at $193,000, while in Marshalltown it is $157,000.
  • Renting a two-bedroom apartment costs more in Hagerstown at $1,500 than in Marshalltown 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 Hagerstown Marshalltown
Electricity Price $17.41 $14.82
Natural Gas Price $18.44 $15.61
Other Utilities $200 $250

Utilities Comparison: Hagerstown vs Marshalltown

  • Electricity costs are higher in Hagerstown at $17.41 per kWh, compared to $14.82 in Marshalltown.
  • Natural gas is more expensive in Hagerstown at $18.44 per unit, while it is cheaper at $15.61 in Marshalltown.
  • Marshalltown has higher utility expenses, averaging $250, while Hagerstown averages $200.