Cost of Living: Louisville, KY vs Bowie, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Louisville | Bowie |
|---|---|---|
| Housing Index | 90.0 | 125.0 |
| Median Home Price | $200,000 | $425,000 |
| Average Rent (2 BR Apartment) | $1200 | $2300 |
| Average Rent (2 BR House) | $1280 | $2330 |
Housing Comparison: Louisville vs Bowie
- The median home price in Bowie is higher at $425,000, compared to $200,000 in Louisville.
- In Bowie, the rental for a two-bedroom apartment stands at $2,300, while it is $1,200 in Louisville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Louisville | Bowie |
|---|---|---|
| Electricity Price | $12.87 | $17.41 |
| Natural Gas Price | $22.78 | $18.44 |
| Other Utilities | $150 | $250 |
Utilities Comparison: Louisville vs Bowie
- Bowie has higher electricity costs at $17.41 per kWh, versus $12.87 in Louisville.
- Natural gas is more expensive in Louisville at $22.78 per unit, while it is cheaper at $18.44 in Bowie.
- Bowie has higher utility expenses, averaging $250, while Louisville averages $150.