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.