Cost of Living: North beach, MD vs Merced, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | North beach | Merced |
|---|---|---|
| Housing Index | 120.0 | 115.0 |
| Median Home Price | $400,000 | $358,000 |
| Average Rent (2 BR Apartment) | $1700 | $1800 |
| Average Rent (2 BR House) | $1760 | $1825 |
Housing Comparison: North beach vs Merced
- In North beach, the median home price is higher at $400,000, while in Merced it is $358,000.
- In Merced, the rental for a two-bedroom apartment stands at $1,800, while it is $1,700 in North beach.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | North beach | Merced |
|---|---|---|
| Electricity Price | $17.41 | $32.99 |
| Natural Gas Price | $18.44 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: North beach vs Merced
- Merced has higher electricity costs at $32.99 per kWh, versus $17.41 in North beach.
- Natural gas is more expensive in North beach at $18.44 per unit, while it is cheaper at $16.99 in Merced.
- Utility expenses are equal in both North beach and Merced averaging $250.