Cost of Living: Meridian, ID vs Hydes, MD

Housing

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

Metric Meridian Hydes
Housing Index 115.0 Data is updating
Median Home Price $427,000 $300,000
Average Rent (2 BR Apartment) $1800 $Data is updating
Average Rent (2 BR House) $1940 $Data is updating

Housing Comparison: Meridian vs Hydes

  • In Meridian, the median home price is higher at $427,000, while in Hydes it is $300,000.
  • The rent for a two-bedroom apartment is equal in both Meridian and Hydes 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 Meridian Hydes
Electricity Price $12.28 $17.41
Natural Gas Price $9.87 $18.44
Other Utilities $250 $Data is updating

Utilities Comparison: Meridian vs Hydes

  • Hydes has higher electricity costs at $17.41 per kWh, versus $12.28 in Meridian.
  • Natural gas is more expensive in Meridian at $9.87 per unit, while it is cheaper at $18.44 in Hydes.
  • Utility expenses are equal in both Meridian and Hydes averaging $250.