Cost of Living: Lincoln, TX vs Severna park, MD

Housing

The housing market plays a significant role in determining the cost of living.

Metric Lincoln Severna park
Housing Index Data is updating 120.5
Median Home Price $199,000 $476,000
Average Rent (2 BR Apartment) $Data is updating $2200
Average Rent (2 BR House) $Data is updating $2245

Housing Comparison: Lincoln vs Severna park

  • The median home price in Severna park is higher at $476,000, compared to $199,000 in Lincoln.
  • The rent for a two-bedroom apartment is equal in both Lincoln and Severna park at $0.0.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Lincoln Severna park
Electricity Price $14.47 $17.41
Natural Gas Price $26.29 $18.44
Other Utilities $Data is updating $280

Utilities Comparison: Lincoln vs Severna park

  • Severna park has higher electricity costs at $17.41 per kWh, versus $14.47 in Lincoln.
  • Natural gas is more expensive in Lincoln at $26.29 per unit, while it is cheaper at $18.44 in Severna park.
  • Utility expenses are equal in both Lincoln and Severna park averaging $0.0.