Cost of Living: Lancaster, VA vs Jessup, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lancaster | Jessup |
|---|---|---|
| Housing Index | 110.2 | Data is updating |
| Median Home Price | $327,000 | $471,000 |
| Average Rent (2 BR Apartment) | $1400 | $Data is updating |
| Average Rent (2 BR House) | $1450 | $Data is updating |
Housing Comparison: Lancaster vs Jessup
- The median home price in Jessup is higher at $471,000, compared to $327,000 in Lancaster.
- The rent for a two-bedroom apartment is equal in both Lancaster and Jessup at $1,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lancaster | Jessup |
|---|---|---|
| Electricity Price | $15.31 | $17.41 |
| Natural Gas Price | $19.91 | $18.44 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Lancaster vs Jessup
- Jessup has higher electricity costs at $17.41 per kWh, versus $15.31 in Lancaster.
- Natural gas is more expensive in Lancaster at $19.91 per unit, while it is cheaper at $18.44 in Jessup.
- Utility expenses are equal in both Lancaster and Jessup averaging $250.