Cost of Living: Hagerstown, MD vs Rensselaer, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hagerstown | Rensselaer |
|---|---|---|
| Housing Index | 110.5 | Data is updating |
| Median Home Price | $193,000 | $205,000 |
| Average Rent (2 BR Apartment) | $1500 | $Data is updating |
| Average Rent (2 BR House) | $1600 | $Data is updating |
Housing Comparison: Hagerstown vs Rensselaer
- The median home price in Rensselaer is higher at $205,000, compared to $193,000 in Hagerstown.
- The rent for a two-bedroom apartment is equal in both Hagerstown and Rensselaer at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hagerstown | Rensselaer |
|---|---|---|
| Electricity Price | $17.41 | $14.89 |
| Natural Gas Price | $18.44 | $Data is updating |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Hagerstown vs Rensselaer
- Electricity costs are higher in Hagerstown at $17.41 per kWh, compared to $14.89 in Rensselaer.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Hagerstown and Rensselaer averaging $200.