Cost of Living: Lynn haven, FL vs Westminster, MD

Housing

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

Metric Lynn haven Westminster
Housing Index 98.0 110.0
Median Home Price $298,000 $375,000
Average Rent (2 BR Apartment) $1800 $1850
Average Rent (2 BR House) $1840 $1920

Housing Comparison: Lynn haven vs Westminster

  • The median home price in Westminster is higher at $375,000, compared to $298,000 in Lynn haven.
  • In Westminster, the rental for a two-bedroom apartment stands at $1,850, while it is $1,800 in Lynn haven.

Utilities

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

Metric Lynn haven Westminster
Electricity Price $13.89 $17.41
Natural Gas Price $26.13 $18.44
Other Utilities $250 $250

Utilities Comparison: Lynn haven vs Westminster

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