Cost of Living: Middle river, MD vs Fairhope, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Middle river | Fairhope |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $360,000 | $295,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1920 | $1280 |
Housing Comparison: Middle river vs Fairhope
- In Middle river, the median home price is higher at $360,000, while in Fairhope it is $295,000.
- Renting a two-bedroom apartment costs more in Middle river at $1,800 than in Fairhope at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Middle river | Fairhope |
|---|---|---|
| Electricity Price | $17.41 | $15.03 |
| Natural Gas Price | $18.44 | $21.76 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Middle river vs Fairhope
- Electricity costs are higher in Middle river at $17.41 per kWh, compared to $15.03 in Fairhope.
- Fairhope experiences higher natural gas costs at $21.76 per unit, with costs at $18.44 in Middle river.
- Other utility costs are higher in Middle river at an average of $250, compared to Fairhope with $200.