Cost of Living: Saginaw, MI vs Jessup, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Saginaw | Jessup |
|---|---|---|
| Housing Index | 75.0 | Data is updating |
| Median Home Price | $108,000 | $471,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1000 | $Data is updating |
Housing Comparison: Saginaw vs Jessup
- The median home price in Jessup is higher at $471,000, compared to $108,000 in Saginaw.
- The rent for a two-bedroom apartment is equal in both Saginaw and Jessup 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 | Saginaw | Jessup |
|---|---|---|
| Electricity Price | $19.88 | $17.41 |
| Natural Gas Price | $15.42 | $18.44 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Saginaw vs Jessup
- Electricity costs are higher in Saginaw at $19.88 per kWh, compared to $17.41 in Jessup.
- Jessup experiences higher natural gas costs at $18.44 per unit, with costs at $15.42 in Saginaw.
- Utility expenses are equal in both Saginaw and Jessup averaging $250.