Cost of Living: Rockville, MD vs Shreveport, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rockville | Shreveport |
|---|---|---|
| Housing Index | 125.6 | 95.0 |
| Median Home Price | $503,000 | $242,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2245 | $1240 |
Housing Comparison: Rockville vs Shreveport
- In Rockville, the median home price is higher at $503,000, while in Shreveport it is $242,000.
- Renting a two-bedroom apartment costs more in Rockville at $2,200 than in Shreveport 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 | Rockville | Shreveport |
|---|---|---|
| Electricity Price | $17.41 | $11.42 |
| Natural Gas Price | $18.44 | $19.48 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Rockville vs Shreveport
- Electricity costs are higher in Rockville at $17.41 per kWh, compared to $11.42 in Shreveport.
- Shreveport experiences higher natural gas costs at $19.48 per unit, with costs at $18.44 in Rockville.
- Utility expenses are equal in both Rockville and Shreveport averaging $250.