Cost of Living: Middle river, MD vs Loves park, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Middle river | Loves park |
|---|---|---|
| Housing Index | 120.0 | 80.0 |
| Median Home Price | $360,000 | $213,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1920 | $1600 |
Housing Comparison: Middle river vs Loves park
- In Middle river, the median home price is higher at $360,000, while in Loves park it is $213,000.
- Renting a two-bedroom apartment costs more in Middle river at $1,800 than in Loves park 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 | Loves park |
|---|---|---|
| Electricity Price | $17.41 | $16.15 |
| Natural Gas Price | $18.44 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Middle river vs Loves park
- Electricity costs are higher in Middle river at $17.41 per kWh, compared to $16.15 in Loves park.
- Natural gas is more expensive in Middle river at $18.44 per unit, while it is cheaper at $16.59 in Loves park.
- Utility expenses are equal in both Middle river and Loves park averaging $250.