Cost of Living: Lutz, FL vs Hyattsville, MD

Housing

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

Metric Lutz Hyattsville
Housing Index 112.5 120.0
Median Home Price $440,000 $347,000
Average Rent (2 BR Apartment) $1800 $1800
Average Rent (2 BR House) $1846 $1920

Housing Comparison: Lutz vs Hyattsville

  • In Lutz, the median home price is higher at $440,000, while in Hyattsville it is $347,000.
  • The rent for a two-bedroom apartment is equal in both Lutz and Hyattsville at $1,800.

Utilities

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

Metric Lutz Hyattsville
Electricity Price $13.89 $17.41
Natural Gas Price $26.13 $18.44
Other Utilities $250 $250

Utilities Comparison: Lutz vs Hyattsville

  • Hyattsville has higher electricity costs at $17.41 per kWh, versus $13.89 in Lutz.
  • Natural gas is more expensive in Lutz at $26.13 per unit, while it is cheaper at $18.44 in Hyattsville.
  • Utility expenses are equal in both Lutz and Hyattsville averaging $250.