Cost of Living: Hyattsville, MD vs Albany, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hyattsville | Albany |
|---|---|---|
| Housing Index | 120.0 | 120.0 |
| Median Home Price | $347,000 | $282,000 |
| Average Rent (2 BR Apartment) | $1800 | $2200 |
| Average Rent (2 BR House) | $1920 | $2496 |
Housing Comparison: Hyattsville vs Albany
- In Hyattsville, the median home price is higher at $347,000, while in Albany it is $282,000.
- In Albany, the rental for a two-bedroom apartment stands at $2,200, while it is $1,800 in Hyattsville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hyattsville | Albany |
|---|---|---|
| Electricity Price | $17.41 | $26.08 |
| Natural Gas Price | $18.44 | $18.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Hyattsville vs Albany
- Albany has higher electricity costs at $26.08 per kWh, versus $17.41 in Hyattsville.
- Natural gas is more expensive in Hyattsville at $18.44 per unit, while it is cheaper at $18.13 in Albany.
- Utility expenses are equal in both Hyattsville and Albany averaging $250.