Cost of Living: Lutz, FL vs Severna park, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lutz | Severna park |
|---|---|---|
| Housing Index | 112.5 | 120.5 |
| Median Home Price | $440,000 | $476,000 |
| Average Rent (2 BR Apartment) | $1800 | $2200 |
| Average Rent (2 BR House) | $1846 | $2245 |
Housing Comparison: Lutz vs Severna park
- The median home price in Severna park is higher at $476,000, compared to $440,000 in Lutz.
- In Severna park, the rental for a two-bedroom apartment stands at $2,200, while it is $1,800 in Lutz.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lutz | Severna park |
|---|---|---|
| Electricity Price | $13.89 | $17.41 |
| Natural Gas Price | $26.13 | $18.44 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Lutz vs Severna park
- Severna park 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 Severna park.
- Severna park has higher utility expenses, averaging $280, while Lutz averages $250.