Cost of Living: Hollywood, FL vs Greenbelt, MD
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Hollywood | Greenbelt |
---|---|---|
Housing Index | 120.0 | 115.0 |
Median Home Price | $417,000 | $440,000 |
Average Rent (2 BR Apartment) | $2300 | $2000 |
Average Rent (2 BR House) | $2400 | $2060 |
Housing Comparison: Hollywood vs Greenbelt
- The median home price in Greenbelt is higher at $440,000, compared to $417,000 in Hollywood.
- Renting a two-bedroom apartment costs more in Hollywood at $2,300 than in Greenbelt at $2,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Hollywood | Greenbelt |
---|---|---|
Electricity Price | $13.89 | $17.41 |
Natural Gas Price | $26.13 | $18.44 |
Other Utilities | $250 | $250 |
Utilities Comparison: Hollywood vs Greenbelt
- Greenbelt has higher electricity costs at $17.41 per kWh, versus $13.89 in Hollywood.
- Natural gas is more expensive in Hollywood at $26.13 per unit, while it is cheaper at $18.44 in Greenbelt.
- Utility expenses are equal in both Hollywood and Greenbelt averaging $250.