Cost of Living: Redford, MI vs Bowie, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Redford | Bowie |
|---|---|---|
| Housing Index | 90.0 | 125.0 |
| Median Home Price | $162,500 | $425,000 |
| Average Rent (2 BR Apartment) | $1200 | $2300 |
| Average Rent (2 BR House) | $1250 | $2330 |
Housing Comparison: Redford vs Bowie
- The median home price in Bowie is higher at $425,000, compared to $162,500 in Redford.
- In Bowie, the rental for a two-bedroom apartment stands at $2,300, while it is $1,200 in Redford.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Redford | Bowie |
|---|---|---|
| Electricity Price | $19.88 | $17.41 |
| Natural Gas Price | $15.42 | $18.44 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Redford vs Bowie
- Electricity costs are higher in Redford at $19.88 per kWh, compared to $17.41 in Bowie.
- Bowie experiences higher natural gas costs at $18.44 per unit, with costs at $15.42 in Redford.
- Utility expenses are equal in both Redford and Bowie averaging $250.